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...
â¢ Integration. ( 1 n.) The operation of finding the primitive function which has a given function for its differential coefficient. ( 2 n.) In the theory of evolution: The process by which the manifold is compacted into the relatively simple and permanent. ( 3 n.) The act or process of making whole or entire.