Adjusting Entries: A Simple Introduction Bench Accounting
These expenses are often recorded at the end of period because they are usually calculated on a period basis. This also relates to the matching principle where the assets are used during the year and written off after they are used. Accrued expenses and accrued revenues – Many times companies will incur expenses but won’t have Daha fazla okuyunAdjusting Entries: A Simple Introduction Bench Accounting[…]