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Hi! How to entry this? (Accrual basis) Paid the helper the $1,000 owed from works done in May (the amount owed is in Accounts Payable).
Hi! How to entry this? (Accrual basis)
Paid the helper the $1,000 owed from works done in May (the amount owed is in Accounts Payable).
The recorded Account Payable on balance sheet is only $300. Kindy explain how did you arrive with the entry. Thanks!
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