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Final adjistment entries
My question is I have unadjusted trial balance of the company. After I made P/L account profit goes higher margin I need to redues the margin how can do and which legder can revised or add the amount to redues the margin
Kindly explain
Thanks in advance
Replies (2)
u can make necessary adjustments in your inventory, reduce your inventory if possible.
Thanks for reply but we can't more adjust with inventory rest of which ledger to adjust
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