Skip to main content
Back

Chapter 3: The Adjusting Process – Financial Accounting Study Notes

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

Accrual Accounting vs. Cash Basis Accounting

Revenue Recognition and Expense Recognition

Introduction to Adjusting Journal Entries and Prepaid Expenses

Adjusting Entries: Supplies

Adjusting Entries: Unearned Revenue

Adjusting Entries: Accrued Expenses

Adjusting Entries: Accrued Revenues

Adjusting Entries: Depreciation

Summary of Adjusting Entries

Unadjusted vs Adjusted Trial Balance

Trial Balance

Journal Entries: Debits and Credits