accrual and account key
i am quite confused of these 2 key despite reading alot in forum.
hope can reply in point form.
Stock Account - Dr - 110 INR
GR/IR Clearing A/c - Cr - 100 INR
Freight Clearing A/c - Cr - 10 INR
1) may i know the GR posting above is using accrual or account key or mix? if mix, can explain which is accrual key and which is account key?
2) post to balance sheet account, irregard clearing account or main account in balance sheet like above, is used accrual key?
3) can i say if post to P&L account, it is using account key?