أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
ABC follows the accrual basis of accounting and its accounting year ends on December. What is the effect of the cleanup service on the December balance sheet of ABC?
Liability of $ will be increased (Creditors Increased since the invoice is due onth of Jan and ABC will pay on9th Jan, till that time it will be a liability)