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The video element validates in HTML 4 and XHTML.
Accrued Salaries
Salaries that have been incurred but not yet paid by the end of a financial period, representing a liability for the business.
Closing
The process of finalizing accounting records at the end of an accounting period, including updating accounts and preparing financial statements.
Adjustments
Entries made in accounting records to correct errors or allocate revenues and expenses to the appropriate accounting period.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, representing wear and tear, obsolescence, or a decline in value.
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