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...
Definition of INTEGRATION. 1. : the act or process or an instance of integrating: as a: incorporation as equals into society or an organization of individuals of different groups (as races) b: coordination of mental processes into a normal effective personality or with the environment.2.edical Definition of INTEGRATION. : the combining and coordinating of separate parts or elements into a unified whole: as b: the process by which the different parts of an organism are made a functional and structural whole especially through the activity of the nervous system and of hormones.