Skip to Content
Menu
This question has been flagged

Generally, we make regular payments, such as salary, house rent, and internet bills, in the 1st week of the following month for expenses incurred in the previous month. Therefore, I need to record a payable for these expenses at the end of the month. My question is, what is the process for inputting the month-end closing journal entry?

Avatar
Discard
Related Posts Replies Views Activity
0
Apr 23
2155
1
Jul 24
3265
0
Sep 25
220
2
Aug 25
928
0
Aug 25
301