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This situation could possibly occur with an overpayment to a supplier or an error in recording. normal debit balance examples An expense account is a normal balance asset account that you use to record the expenses incurred by a business. While the normal balance of a liability account or equity...

To cancel payroll in QuickBooks Desktop, users can access the payroll settings and follow a series of simple steps to initiate the cancellation process, ensuring accuracy and compliance with payroll regulations. By voiding outstanding paychecks, you ensure that they are no longer considered as valid payments. This prevents any confusion...