2007-10-11 09:26:11 · 4 answers · asked by kary f 2 in Business & Finance ➔ Other - Business & Finance
It does, in a way. It may be Jan 31 and you may still be waiting for the last few supplier invoices for Dec purchases to come in before you can close your Dec 31 AP. In the meantime you're supposed to be recording your Jan transactions. What you do is you just go on keying in your January transactions but you may not have the correct opening balances. Just KIV them until you close your Dec 31 finally, then check to make sure your opening balances (for balance sheet items) tie up with the adjusted Dec 31 ones, especially for the Retained Earnings a/c.
2007-10-12 01:54:07 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
Wake up call: Wade is The Best Player in the league The Last 2 years running. Lebron is The Second. Durant is Third and Rising Fast. Carmello is fourth. Kobe is fifth,
2016-04-08 03:38:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
in the end of the year , the accountant must be closed the nominal accounts such as expenses and revenues
2007-10-11 11:44:13 · answer #3 · answered by Dsalah s 3 · 0⤊ 0⤋
sorry i dont get the question
2007-10-11 09:46:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋