- 1. Chapter 4 Adjusting Revenues & Expenses at the end of
the period
- Read pages 167 to 175, p 183
- The unadjusted trial balance
- Adjustments forDeferrals ( deferred/unearned revenue;deferred
expenses)
- Adjustments forAccruals(accrued revenues & expenses)
- Closing : temporary vs. permanent accounts
2. 3. 4. 5. 6. 7. 8. Deferrals/ Prepayments
- Deferred/ UnearnedRevenues
- (receipt of cash in advance of revenue recognition)
- DeferredExpenses( payment of cash in advance of expense
recognition)
9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. Deferred expenses
: Supplies 21. Adjustment for Supplies 22. Deferred expenses :
Property & Equipment 23. 24. 25. 26. Accruals
- Accrued Revenues :revenues earned that have not yet been
previously recorded
- Accrued Expenses :expenses incurred that have not yet been
previously recorded
27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. Homework
ManagerAssignment
38. Answer Key to end-of-chapter MC Questions