# Year-End Adjustments: Accruals, Prepayments & Corrections

> This section covers year-end adjustments for a sole trader: accrued income, accrued expenses, prepaid expenses, income received in advance, and correction of errors/omissions. Journalise in the…

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## Full notes

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## More in YEAR-END ACCOUNTING PROCEDURES, PRE- AND POST-ADJUSTMENT TRIAL BALANCE, FINAL ACCOUNTS

- [Depreciation: Straight-Line & Diminishing Balance Methods](https://www.hlayiso.com/grade-10/accounting/notes/year-end-accounting-procedures-pre-and-post-adjustment-trial-balance-final-accounts/depreciation-straight-line-and-diminishing-balance-methods) — Previous section
- [Post-Adjustment Trial Balance & Final Accounts](https://www.hlayiso.com/grade-10/accounting/notes/year-end-accounting-procedures-pre-and-post-adjustment-trial-balance-final-accounts/post-adjustment-trial-balance-and-final-accounts) — Next section
- [All YEAR-END ACCOUNTING PROCEDURES, PRE- AND POST-ADJUSTMENT TRIAL BALANCE, FINAL ACCOUNTS sections](https://www.hlayiso.com/grade-10/accounting/notes/year-end-accounting-procedures-pre-and-post-adjustment-trial-balance-final-accounts)

## Frequently asked questions

### What will I learn in "Year-End Adjustments: Accruals, Prepayments & Corrections"?

This section covers Year-End Adjustments: Accruals, Prepayments & Corrections as part of YEAR-END ACCOUNTING PROCEDURES, PRE- AND POST-ADJUSTMENT TRIAL BALANCE, FINAL ACCOUNTS in Grade 10 Accounting. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Year-End Adjustments: Accruals, Prepayments & Corrections", are written against the official CAPS curriculum and ATP for Grade 10 Accounting.

### What should I study after "Year-End Adjustments: Accruals, Prepayments & Corrections"?

Continue with the next section in YEAR-END ACCOUNTING PROCEDURES, PRE- AND POST-ADJUSTMENT TRIAL BALANCE, FINAL ACCOUNTS, or test your understanding with the interactive quiz linked to this section.

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