Скачать или смотреть Adjusting entry; Deferral & Accrual : Cash and Accrual basis of Accounting | Fundamental Accounting

By Genanew Abebe – University Lecturer | MSc in Accounting & Finance

🎯 Fundamental Accounting 1 | Accounting Cycle Starting from Adjusting Entries

Welcome to Fundamental Accounting 1! In this video, we explore the Accounting Cycle — starting from Adjusting Entries to the final preparation of Financial Statements and Closing Entries.

📘 What You’ll Learn:
✅ Meaning and purpose of adjusting entries
✅ Steps in recording and posting adjusting entries
✅ Preparation of adjusted trial balance
✅ Financial statements preparation process
✅ Closing entries and post-closing trial balance

This lesson is perfect for accounting students, beginners, and anyone who wants to understand how businesses prepare accurate financial reports.

📚 Watch till the end to master the core concepts of the accounting cycle — made simple and clear!

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