This video illustrates how to prepare adjusting entries.
Table of Contents:
00:00 - Introduction
00:00 - Video 6 Preparing Adjusting Entries
00:07 - Purpose of Adjusting Entries
00:29 - Types of Adjusting Entries
00:52 - Prepaid Expenses
01:36 - Sample Adjusting Entry - Prepaid Rent
02:20 - Balance of Prepaid Rent after Adjustment
04:12 - Balance of Supplies after Adjustment
04:23 - Depreciation
06:37 - Unearned Revenues
06:54 - Sample Adjusting Entry – Unearned Revenues
07:58 - Accrued Revenues
08:18 - Sample Adjusting Entry –Accrued Sales Revenues
09:04 - Sample Adjusting Entry –Accrued Interest Income
10:04 - Accrued Expenses
10:58 - Sample Adjusting Entry –Salaries & Wages Expenses
14:49 - Adjusting Entry 5 – Minelli Landscape Design
