Question

Q.03: Discuss the types of adjusting entries and need for adjusting entries.

Answer 1

Answer:

khoj and then we need me and we

Answer 2

Explanation:

The five types of adjusting entries

Accrued revenues. When you generate revenue in one accounting period, but don't recognize it until a later period, you need to make an accrued revenue adjustment. ...

Accrued expenses. ...

Deferred revenues. ...

Prepaid expenses. ...

Depreciation expenses.