Adjustment timeline · Lab

AccountingHub Wild · Financial & Managerial Accounting · 2025 release

Drag the period end across December and watch each adjustment grow.

Period end: Dec 31

DecDecember 2025JanJanuary 2026FebFebruary

Earned

Deferral · cash first

Accrual · cash later

● cash moves
· ─ recognized

Dec 31, the book’s period end

Dec 31 — six adjustments, total income effect +2,050 revenue, −1,735 expense

Touch the instrument to see what to notice.

Dec 31	Insurance expense	100
	Prepaid insurance		100