Adjusting Entries for Accrued Expenses

Description
"If you've been watching from the beginning of the series, you'll know that we've been covering step number 4 which will be about adjusting entries.

So we've just made a pass at the mid-point of the accounting cycle working our ways toward the finish I definitely apply to you guys for covering all these consoles because the accounting cycles are really comprehensive circular model, and there's a lot of different inter-related, confusing parts. But in this tutorial we're gonna be covering the theory behind adjusting entries, I'll be providing examples to kind of tie everything together, help you understand, and I'll also be providing some supplements, adjusting entries videos to give you an idea of all the different adjusting entries that come up on a quiz or a test; so hopefully that helps and let's actually go over some rules.

So I actually kind of enjoy adjusting entries, one of the things I've found pretty fun to do within financial accounting. Let me just get rid of this layer, bring up these rules...to help guide you through this really confusing period about adjusting entries and the first one is that adjusting entries are all about revenues and expenses..."
(to access the rest of the content, please refer to the video)