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...
integration inÂ·teÂ·graÂ·tion (Ä­n'tÄ­-grÄ'shÉn) n. The state of combination or the process of combining into completeness and harmony. The organization of the psychological or social traits and tendencies of a personality into a harmonious whole. A physiological increase or building up, as by accretion or anabolism.