Month: April 2022
The two specific types of adjustments are accrued revenues and accrued expenses. Entries are made with the matching principle to match revenue and expenses in the period in which they occur. Adjustments reflected in the…
The two specific types of adjustments are accrued revenues and accrued expenses. Entries are made with the matching principle to match revenue and expenses in the period in which they occur. Adjustments reflected in the…