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General Accounting Discussions: accruals

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    I need to accrue our bonus expense every month.what is the right entries for these. Is it debit Accrued bonus expense and credit bonus payable
    Thankful People: gbenga
    • CommentAuthorCounter
    • CommentTimeMar 22nd 2007
     
    Those are the accounts that I would use.
    • CommentAuthoronlydragon
    • CommentTimeMar 22nd 2007
     
    dfd

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