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Journal

MMuhammad9y ago
a simple ques.A company's policy is to pay the salary on 7th of each month. Then what will be the journal on 30 Nov. on that company account.
MikeLittleMikeLittleTutor9y ago#1
Why should there be any journal? Is the company preparing financial statements as at 30 November? And what period is covered by the payment made on 7 November?
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