Finicade
Bookkeeper Lv 1
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Level 8 · ◆◆ · ~11 min

Adjusting Entries

Year-end adjustments that bring each account up to date.

"Before the statements are prepared, the accountant records everything that happened without a transaction to trigger it."

adjusting entriesPrepaid ExpenseDeferred RevenueAccrued Expenseaccrued revenuedepreciationcontra accountaccumulated depreciation
🚀 You're jumping ahead. This builds on Accrual Accounting — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.