Question N is asking
List below period end type adjustments which an Accountant may ask you to record. Describe what type of transaction is usually used.
The period end adjustments that I found were accrued revenues and accrued expenses. I just need more clarification on what the second part of this question is asking ‘What type of transaction is usually used’
6 years, 5 months agoChandrika
Provide some examples. accrued income/Expenses and what else Accountant may ask you to record. Anything to do with Inventory, Fixed assets, Prepayments ….