End of the year adjustment: Prepayment
This video explains how you deal with transactions that have been paid In advance. 1. Prepaid Expenses 2. Prepaid Income This is the link to the video on end of the year adjustment ššš Ā Ā Ā ā¢Ā EndĀ ofĀ theĀ yearĀ adjustment:Ā ACCRUALSĀ Ā Link to the principle of double entryššš Ā Ā Ā ā¢Ā ReasonĀ StudentsĀ failĀ FinancialĀ AccountingĀ ...Ā Ā So if youāre yet to watch it kindly do so now.
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Grand finale of āEnd of the year adjustmentā: Prepayments AND Accruals
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