6. Closing Entries

$10.00 per 6 months

Courses Included

Before financial reporting, the ledger account balances are analysed to ensure that expenses are matched to the revenues earned in the period.

If any expenditures or revenues relate to items stretching across the balance day, the accounts are adjusted.

SUBSCRIPTION FOR 6 months

Description

The online tutorial course covers:

  • ♦ Unit – Closing revenue and expense accounts to the the profit and loss account,
  • ♦ Accounting Game – Closing the Profit and Loss Account
  • ♦ Video – Making Provisions and Allowances
  • ♦ Quiz – Provisions and Allowances
  • ♦ Video – Balance Day Adjustments – Accruals and Prepayments
  • ♦  Unit – Balance day Adjustments – Reversal
  • ♦  Quiz – Adjusting Entries

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