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Monthly depreciation expense - PowerPoint PPT Presentation

THE ACCOUNTING CYCLE: ACCRUALS AND DEFERRALS

THE ACCOUNTING CYCLE: ACCRUALS AND DEFERRALS. Chapter 4. At the end of the period, we need to make adjusting entries to get the accounts up to date for the financial statements. Adjusting Entries. Adjusting entries are. Every adjusting.

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528 views • 42 slides

The Accounting Cycle Accruals and Deferrals

The Accounting Cycle Accruals and Deferrals. Chapter 4. Adjusting Entries. Adjusting entries are. Every adjusting. needed whenever revenue or expenses affect more than one. entry involves a change in either a revenue or expense. and an asset or liability. accounting period.

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428 views • 36 slides

The Accounting Cycle: Accruals and Deferrals

The Accounting Cycle: Accruals and Deferrals. Chapter 4. Adjusting Entries. Adjusting entries are. Every adjusting. needed whenever revenue or expenses affect more than one. entry involves a change in either a revenue or expense. and an asset or liability. accounting period.

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368 views • 36 slides

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Monthly depreciation expense - PowerPoint PPT Presentation

THE ACCOUNTING CYCLE: ACCRUALS AND DEFERRALS

The Accounting Cycle Accruals and Deferrals

The Accounting Cycle: Accruals and Deferrals