Income Statements with adjustments | Accruals & Prepayments | Provision for Bad Debts & Depreciation

This video shows 2 fully worked examples of income statements with adjustments for:

- accrued and prepaid revenues and expenses,
- the provision for bad debts (increase and decrease), and
- the provision for depreciation (both methods)

The links below will carry you to the previous videos with the individual adjustments:

Trading account

Accruals and prepayments (in the income statement)

Provision for bad debts (in the income statement)

Provision for depreciation (in the income statement)

If you have any questions please leave them in the comments below.

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