Adjusting Entries are journal entries that are made at the end of the accounting period, to adjust expenses and revenues to the accounting period where they actually occurred. â¦ Generally speaking, they are adjustments based on reality, not on a source document.
Jim Humble as a doctor and a chemist It's interesting that the MMS promoters like so much to refer to scientific articles even though none of them, including Jim Humble himself, is a medical doctor, or a pharmaceutical chemist. Jim Humble now calls himself a doctor.
Case Study-Tax efficient school fees. Jim is a management consultant, married to Erica, and with 2 sons aged 11 and 14 requiring school fees amounting to Â£310,000.He had a substantial pension with his current employer and believed he had adequate retirement provision.im and Erica's School Fees Plan. Over the previous 3 years Jim had paid in excess of Â£100,000 income tax each year, and wished to reduce this figure if possible. He had Â£500,000 of savings sitting in an offset mortgage facility.