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HOW TO MAKE ADJUSTMENTS FOR ACCRUALS AND PREPAYMENTS WITH EXAMPLES
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#easyaccounting #accountingforbeginners #howto
In this video, I will be showing you how to make adjustments for accruals and prepayments (with examples) in the financial statements of a sole trader. I hope this video will be useful. Please subscribe to my channel, leave a like and share the video :).
This is applicable to IGCSE, ACCA, CPA, and accounting for beginners and corporates.
Time stamps
00:00 Introduction
00:26 Definition of accrual and prepayment
01:07 How to make adjustments for accruals
02:12 How to make adjustments for prepayments
In this video, I will be showing you how to make adjustments for accruals and prepayments (with examples) in the financial statements of a sole trader. I hope this video will be useful. Please subscribe to my channel, leave a like and share the video :).
This is applicable to IGCSE, ACCA, CPA, and accounting for beginners and corporates.
Time stamps
00:00 Introduction
00:26 Definition of accrual and prepayment
01:07 How to make adjustments for accruals
02:12 How to make adjustments for prepayments
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