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Accounting for Accruals


Accounting for Accruals

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In lesson two of the eight provided by Simple Studies, the following concepts are addressed: accrual accounting, recognition of accounts receivable and salary payable, claim exchange transactions, interest receivable, interest revenue, interest payable and interest expense and principal. Finally adjusting entries are defined and the affect they have on the financial statements is illustrated.
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Material Type: Presentation
Technical Format: HTML/Text
Date Added to MERLOT: February 06, 2008
Date Modified in MERLOT: August 05, 2014
Submitter: Susan Moncada


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Primary Audience: High School, College Lower Division
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: yes
Accessibility Information Available: unsure
Creative Commons: unsure
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