FARFree

Adjusting Entries

Learn accrual vs. cash accounting, deferrals, accruals, and how to prepare adjusting journal entries at period end.

5
Lessons
17
Questions
10
Flashcards
0 of 5 lessons completed
~75 min estimated

Lessons

What you'll learn

  • Two Methods of Accounting
  • Why It Matters
  • Revenue Recognition Principle
  • What Are Deferrals?
  • Prepaid Insurance
  • Unearned Revenue