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in this video Iamp;#39;m going to give you an introduction to adjusting entries in accounting specifically prepayments and accruals Iamp;#39;m going to explain what they are and why we need them hey there welcome back to the channel Iamp;#39;m James this is accounting stuff and in todayamp;#39;s video weamp;#39;re going to walk through adjusting entries in accounting Iamp;#39;ve had a bunch of requests from you guys in the comments to cover this topic so thanks for all of these itamp;#39;s great to know what content youamp;#39;re after if you havenamp;#39;t heard of adjusting entries before itamp;#39;s the name that we give to the journal entries that we post at the end of each accounting period in order to bring our books into alignment with the accrual basis of accounting sound complicated well it is kind of so Iamp;#39;ve decided to create a mini series devoted to unraveling the mystery of adjusting journal entries and this is video number 1 weamp;#39;ll start off by tak
