Beginning How Do I Get Rid Of A Beginning Balance For Liablity Account If Everything Is Being Expensed During The Year?

How do I get rid of a beginning balance for liablity account if everything is being expensed during the year? - beginning

Balance of goods and services will be later this year, because everything has been recorded as expenses. How can I eliminate the opening balance?

1 comments:

Dsalah s said...

Dr. Accounts Payable
Cr Cash

Post a Comment