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To accrue or not to accrue... that is the question. Accrued Expenses are one of the most common types of month end adjusting entries. In this video, you'll find out what they are, and how to accrue an expense using Journal Entries and T Accounts.

I'm creating a whole miniseries devoted to this topic which will include worked examples for each of these four types of Adjusting Entry...

▪ Intro to Adjusting Entries →    • Prepayments and Accruals | Adjusting ...  
▪ Prepaid Expenses →    • How Prepaid Expenses Work | Adjusting...  
▪ Deferred Revenue →    • Deferred Revenue Explained | Adjustin...  
▪ Accrued Expenses →    • Accrued Expenses Broken Down | Adjust...  
▪ Accrued Revenue →    • Accrued Revenue MADE EASY | Adjusting...  

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