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Accounting For Recurrent Expenditure Accounting
By setting up the two level subjects of "expenditure and recurrent expenditure", the subsidiary ledger will be set up according to the "eye" and "Festival" expenditure items stipulated by the financial department under the two level subjects.
When the expenditure is incurred, the expenditure will be paid: recurrent expenditure: the withdrawal of bank deposits or cash outlays, or the reversal of the expenditure.
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