To record the adjusting entries for a prepayment at the end of an accounting period, debit the related, actual expense account to denote the expense recognition, and credit the asset account of the prepaid expense to reduce its outstanding balance.
International integration is a financial concept in which countries have an ever greater number of financial transactions, investments and interests outside their borders.Through financial integration, nations become increasingly financially interdependent.efine Integration in Corporate Communication. ... International integration is a financial concept in which countries have an ever greater number of financial...
Contextual integration is a technique for creating meaningful relationships between information types. This makes it much easier for people to find information by allowing them to use a range of entry points to access content, instead of the usual single hierarchical entry point that many intranets provide.