Previous year adjustment
This query is : Resolved
02 February 2023
Hi,
Please suggest accounting treatment in Current Year for expenses which excess booked in previous year.
Please suggest accounting treatment in Current Year for expenses which excess booked in previous year.
02 February 2023
And Previous year accounts is closed
02 February 2023
If cash flow is involved:
Cash A/c Dr.
To Errors & Omissions A/c
Cash A/c Dr.
To Errors & Omissions A/c
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