Accruals - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: Accruals (/showthread.php?tid=9495) |
Accruals - Mick010 - 02-09-2011 Are accruals subject to reversal? - Dard - 02-09-2011 Yes, if you rectify an error or misake - Rithika - 02-16-2011 Yes, they are subjected to reversal. So that it ensures that the entries can be balanced. Reversal of abnormal accruals can be taken place. |