End-of-Period Adjustment to Notes
{"Image DocumentName": "End-of-Period Adjustment to Notes", "Image ImageDescription": "Note Date. End of Period. Maturity Date. An adjusting entry is required to record interest expense incurred to date. If a short-term note payable is issued in one accounting period but is not payable until the following accounting period, it is necessary to make an adjusting entry at year-end to record the interest expense. Let\u2019s look at a specific example", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}