DiscoverAccounting 101 with Jimmy Stewart15 - Adjusting Journal Entries (The Adjusting Process)
15 - Adjusting Journal Entries (The Adjusting Process)

15 - Adjusting Journal Entries (The Adjusting Process)

Update: 2019-01-262
Share

Description

 Today we will go over the adjusting process. This is where we make our adjusting journal entries to get from our unadjusted trial balance to our adjusted trial balance, which contains the figures we use on the financial statements and tax returns.


We will briefly discuss prepaid expenses, unearned revenues, accrued revenues, accrued expenses, and depreciation/amortization. 

Comments 
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel
17 - The Objectives of Financial Reporting & Concepts of Accrual Accounting

17 - The Objectives of Financial Reporting & Concepts of Accrual Accounting

2019-12-2314:30

16 - Closing the Books at the End of the Period (The Closing Process)

16 - Closing the Books at the End of the Period (The Closing Process)

2019-02-0211:43

15 - Adjusting Journal Entries (The Adjusting Process)

15 - Adjusting Journal Entries (The Adjusting Process)

2019-01-2609:40

14 - An Overview of the Accounting Cycle

14 - An Overview of the Accounting Cycle

2019-01-1906:55

13 - How to Dominate Indirect Cash Flow Statements (Fake Cash Method)

13 - How to Dominate Indirect Cash Flow Statements (Fake Cash Method)

2019-01-1211:01

12 - FIFO & LIFO (Cost Layering Methods)

12 - FIFO & LIFO (Cost Layering Methods)

2018-12-0726:08

11 - Perpetual & Periodic Inventory Methods & Cost of Goods Sold

11 - Perpetual & Periodic Inventory Methods & Cost of Goods Sold

2018-11-2517:13

10 - Depreciation, Amortization, & Fixed Assets

10 - Depreciation, Amortization, & Fixed Assets

2018-11-1028:00

9 - Unearned Revenue (Deferred Revenue)

9 - Unearned Revenue (Deferred Revenue)

2018-11-0407:59

8 - Prepaid Expenses (Prepaid Assets)

8 - Prepaid Expenses (Prepaid Assets)

2018-10-2807:17

7 - Accounts Payable - Purchases, Payments, Discounts, & Agings

7 - Accounts Payable - Purchases, Payments, Discounts, & Agings

2018-10-2213:48

6 - Accounts Receivable - Sales, Collections, Discounts, Agings, & Write-Offs

6 - Accounts Receivable - Sales, Collections, Discounts, Agings, & Write-Offs

2018-10-2113:45

5 - Contra Accounts - Understanding Them & Examples

5 - Contra Accounts - Understanding Them & Examples

2018-10-1316:21

4 - An Introduction to Financial Statements

4 - An Introduction to Financial Statements

2018-10-0623:01

3 - General Ledgers & Trial Balances

3 - General Ledgers & Trial Balances

2018-09-2912:06

2 - A|LE-R|E & Journal Entries

2 - A|LE-R|E & Journal Entries

2018-09-1017:01

1 - Assets, Liabilities, Equity, Revenue, & Expenses (ALE-RE)

1 - Assets, Liabilities, Equity, Revenue, & Expenses (ALE-RE)

2018-09-1006:56

0 - Introduction

0 - Introduction

2018-09-1002:46

Google Play
Download from Google Play
Castbox
Download from App Store
usUnited States
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

15 - Adjusting Journal Entries (The Adjusting Process)

15 - Adjusting Journal Entries (The Adjusting Process)

James Stewart