Lecture Financial Accounting (15/e) - Chapter 4: The accounting cycle - AccruaLs and deferrals

Lecture Financial Accounting (15/e) - Chapter 4: The accounting cycle - AccruaLs and deferrals. The learning objectives for this chapter include: Explain the purpose of adjusting entries, describe and prepare the four basic types of adjusting entries, prepare adjusting entries to convert assets to expenses, prepare adjusting entries to convert liabilities to revenue, prepare adjusting entries to accrue unpaid expenses,...