Prepayments Explained - Part 2 - Prepayment Examples
This is part two of my prepayments and accruals basics series. This video provides examples of prepayments, including prepayment calculations, double-entry, reversal, and posting prepayments.
Next Video: • Accruals Explained - Part 3 - Accruals Bas...
Tutorial Outline:
0:00 Episode Start
0:34 Prepayment Example 1
4:05 Prepayment Calculation
6:48 Prepayment Journal Double-Entry
8:37 Prepayment Reversal
10:12 Prepayment Example 2
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