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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