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what are important steps to take during the conversion of
an accounting system?
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Answer / anil
before all the accounts taking up of the company first the last year balances has to transfer to the present year and alla the assets have to note down in assets side and liabilities have to shown in liabilities side and any outstandings of the company have to add and any payments has done deduct the amounts and if any balance is left of that year again transfer that balance to the next year
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / anil
before all the accounts taking up of the company first the last year balances has to transfer to the present year and alla the assets have to note down in assets side and liabilities have to shown in liabilities side and any outstandings of the company have to add and any payments has done deduct the amounts and if any balance is left of that year again transfer that balance to the next year
| Is This Answer Correct ? | 1 Yes | 0 No |
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