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Advance paid to Employee 1000$. Employee incurred expenses
of 800$ and he returned 200$. What is the Accounting Entry?

Answer Posted / sami

Hi friends,
I would like know whether i can enter a invoice in closed period.. if the answer is no then please let me know how to enter the invoice of current period which has not been recorded in open period.
because that period is closed.
Please in detail..

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