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Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e.

Furniture & fixture a/c Dr.
To cash/bank a/c

Along with this, I have to pass following journal entry on 31st Mar 07??

P&L a/c Dr.
To Furniture & fixture a/c


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