In this section…
In this section we shall examine the following adjustments that accountants make to a business’ books at a period-end.
- Doubtful debts
We shall look at what the adjustments are, why they need to be carried and how they are recorded in the General Ledger.
4.01 Period-end adjustments
4.03 Recording accrued expenses
4.04 Recording accrued income
4.06 Recording prepaid expenses
4.07 Recording prepaid income
4.09 Doubtful debts
4.10 Recording doubtful debts