Adjustments for accruals and prepayments for As Level and A Level
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Course
Accounting, Finance, Management, Law (LM304)
Institution
University Of Mauritius
Unlock your potential in accounting with my comprehensive notes on adjustments for accruals and prepayments tailored for AS and A Level students! This document is designed to simplify complex concepts, providing clear explanations and practical examples that will enhance your understanding and boos...
Accounting, Finance, Management, Law (LM304)
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aceruals and prepaym ents (A5)
Hàjustments for accruals
Smportant pielple concerhing adjustments is matchin9
concept /acerual conCept
EocpensS
Anount f ocpgnse to be recorded in incOme statement
Amounl paid
Owing at start
t prepald at start
t owig ot end
prepaidat end
Note at end rE is nornal
Prepaid experses are curent assets
Hccrued ecpenses are
Aued Current liabilities
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