The Accounting Cycle: Prepaid Expense Adjusting Journal Entries (Financial Accounting video 16)

| September 13, 2012 | 0 Comments

The Accounting Cycle: Prepaid Expense Adjusting Journal Entries (Financial Accounting video 16) Continuing on with adjusting entries, I give an example of how to carry out a prepaid expense adjusting entry. The adjusting entry has to do with prepaid rent for the year and expensing one month. I kept the rules up on the graphic board just to keep referring back to them as we cover all the examples. This is a quick tutorial, let me know if you have any problems understanding any of it. Coming Soon: www.ninjanotes.ca Facebook tinyurl.com Twitter: tinyurl.com
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