accrued expenses

Tag: accrued expenses

Adjusting Entries

See Also: Accounting Principles Accounting Concepts Accrual Based Accounting Prepaid Income Tax Deferred Revenue Adjusting Entries Definition There are generally two types of adjusting journal entries done during the period. First, an adjusting entry can be an entry made at the end of a period. These adjusting entries record an unrecognized revenue or expense occurred

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