Hàjustments for accruals
Smportant pielple concerhing adjustments is matchin9
concept /acerual conCept
EocpensS
Anount f ocpgnse to be recorded in incOme statement
Amounl paid
Owing at start
t prepald at start
t owig ot end
prepaidat end
Note at end rE is nornal
Prepaid experses are curent assets
Hccrued ecpenses are
Aued Current liabilities