Accountancy Notes





Adjusting Entries

The number of adjustments needed at the end of each accounting period depends entirely upon the nature of the company’s business activities. However, most adjusting…



Prepaid Insurance

Typically, insurance premiums are paid when coverage begins. So if you paid for an insurance policy during the accounting period, you probably bought coverage for…


Prepaid Insurance

Typically, insurance premiums are paid when coverage begins. So if you paid for an insurance policy during the accounting period, you probably bought coverage for…