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I am really new at this program and accounting in general. I tried to use a general journal entry to transfer money from one account to another. What I ended up with was an extra 14k in the account that I was transferring from and a debt for an equal…
Hello All,
I recently took over the accounts payable department at my job. I learned that when they close the year out, they do close the current year, they actually close the prior year. For example: 12/31/15, they closed out 2014 not 2015.
My questions…
