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About Week 5 Lecture Notes (1 Slide)
This document is a student handout for a university accounting course. It discusses accrual accounting adjustments and the accounting cycle. Specifically, it explains that adjusting entries are needed at the end of an accounting period to accurately capture assets, liabilities, revenues and expenses. Examples of required adjustments include recording accrued wages and interest, adjusting deferred revenue and prepaid expenses, and closing revenue and expense accounts. The document provides learning objectives and assigned reading and questions for students.
Detailed Information
| Author: | ['MEIWEI LI'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 67 |
| Language: | English |
| Format: | |
| Price: | FREE |
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