Download Module 4 Packet: AE 111 - Financial Accounting & Reporting PDF Free - Full Version
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About Module 4 Packet: AE 111 - Financial Accounting & Reporting
This document provides an overview of Module 4 which covers adjusting entries, worksheets, and financial statements. It discusses the need for adjustments to comply with accrual accounting and ensure revenues and expenses are recognized in the appropriate period. There are two types of adjustments - accruals and deferrals. Accruals account for revenues earned and expenses incurred but not yet received or paid. Deferrals allocate prepayments and unearned revenues over multiple periods. The module objectives are to prepare adjusting entries, adjusted trial balances, worksheets, and financial statements.
Detailed Information
| Author: | ['Hello'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 28 |
| Language: | English |
| Format: | |
| Price: | FREE |
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