Accounting Fundamentals | Adjusting Entries - Part 1 of 4: Prepaid Expenses

Mark Farber takes a look at prepaid expenses in this video. A prepaid expense is essentially an expense that a company incurs when they pay for it in advance. Mark goes through an example of what this might look like for a company.
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[@azamatsharshenalyuulu3079]

simple and to the point. Very clear to understand. Thanks alot!

[@solana796]

Thank you Sir, very simple and clear explanations

[@nomiansari7990]

Well explained