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 of a social system means the reciprocal interaction of segments. of a certain social structure. Regardless of the direct meaning of integration as. a word, it is not presumed that the relations or interactions are harmonious. Integration covers conceptions of conflict as well as order, so the same concept.