Key Terms: Adjustments at the Balance Date and Preparation of Sole Proprietorship Financial Statements

Accrual Basis

Asas Akruan

Accrued Expense

Belanja Terakru

Prepaid Expense

Belanja Prabayar

Accrued Revenue

Hasil Terakru

Revenue Received in Advance

Hasil Terdahulu

Bad Debts

Hutang Lapuk

Provision for Doubtful Debts

Peruntukan Hutang Ragu

Depreciation

Susut Nilai

Accumulated Depreciation

Susut Nilai Terkumpul

Disposal of Non-Current Asset

Pelupusan Aset Bukan Semasa

Adjusted Trial Balance

Imbangan Duga Terselaras