Series 2, Episode 5 - Adjustments: Accruals, Prepayments & Irrecoverable Debts

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Debit, Credit, Done!

Dean Quartermaine

17 episodes

3 days ago

Whether you're knee-deep in workbooks or cramming for your synoptic, Debit, Credit, Done! is your go-to podcast for making sense of the numbers behind the theory. Hosted by experienced AAT tutors and industry experts, we break down complex topics, tackle real-world scenarios, and share practical tips to help you pass your AAT exams and thrive in your accounting career. Each episode features bite-sized lessons, revision hacks, guest interviews, and relatable insights designed for AAT Level 2, 3, and 4 students. We’ll help you master everything from double-entry to ethics, budgeting to business

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All content for Debit, Credit, Done! is the property of Dean Quartermaine and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

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Series 2, Episode 5 - Adjustments: Accruals, Prepayments & Irrecoverable Debts

Debit, Credit, Done!

23 minutes 6 seconds

2 months ago

Series 2, Episode 5 - Adjustments: Accruals, Prepayments & Irrecoverable Debts

In this episode of Debit, Credit, Done!, Dean Quartermaine explains how to adjust accounts so they reflect the correct period — covering accruals, prepayments, irrecoverable debts, and the provision for doubtful debts.

With step-by-step examples, journal entries, and insider AAT exam tips, you’ll learn how these adjustments affect both the Statement of Profit or Loss and the Statement of Financial Position.

🎯 Perfect for AAT Level 3 students preparing for the Financial Accounting: Preparing Financial Statements assessment.

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