What do mean by Computerization of accounts
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Let me know why we debit expenses and credit revenues
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Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April
Under the accrual basis of accounting incomes are recognised at the time -------------------