accruals

YEAR END ACCOUNTS

Didn't find your answer?

HI ALL,

We all know we prepare accounts on accrual basis for Limited comapnies. The scenario is that we are prepapring company's accounts for the last time. I am not sure how do we deal with accrued expenses.  I mean do i have to accrue any expenses, e.g. accountancy etc.

 

Thanks in advance

 

Replies (6)

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Oaklea
By Chris.Mann
16th Jan 2018 15:09

Why ever not?

Why does this enquiry require an anonymous posting? It's hardly sensitive, is it? There again, it's a fairly naive post too?

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Replying to Chris.Mann:
ALISK
By atleastisoundknowledgable...
16th Jan 2018 17:42

Would you want to put your name to it?

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Replying to atleastisoundknowledgable...:
Oaklea
By Chris.Mann
16th Jan 2018 22:50

Lacking grammatical confidence and delivery. One assumes a complete novice?

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Replying to Chris.Mann:
avatar
By Mr_awol
17th Jan 2018 12:00

I like this bit:

Quote:

We all know we prepare accounts on accrual basis for Limited comapnies.

Not all of us, it seems.................

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Replying to Mr_awol:
John Toon
By John Toon
17th Jan 2018 13:21

Brilliant :)

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RLI
By lionofludesch
17th Jan 2018 09:34

Eh dear.

Best one this year - so far.

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