9 Accounting Fundamentals | Adjusting Entries - Part 1 of 4: Prepaid Expenses 06:39 10、 Accounting Fundamentals | Adjusting Entries - Part 2 of 4: Unearned Revenue 05:19 11 Accounting Fundamentals | Adjusting Entries - Part 3 of 4: Supplies 06:04 12 Accounting Fundamentals | Adjusting ...
Prepaid expenses representexpendituresthat have not yet been recorded by a company as an expense, but have been paid for in advance. In other words, prepaid expenses are expenditures paid in one accounting period, but will not be recognized until a later accounting period. Prepaid expenses are i...
1. Prepaid expenses: Expenses paid in cash and recorded as assetsbefore they are used or consumed. 2. Unearned revenues: Cash received before service are performed. Accruals: 1. Accrued revenues: Revenues for services performed but not yet received in cash or recorded. 2. Accrued expenses: Exp...
c) Prepaid expenses become expenses only as goods or services are used up d) Prepaid expenses appear in the balance sheet 24. Guardian Corp. sells $6,250 of goods on account in the current year and collects $3,250 of this. It incurs $4,200 in expenses on account during the current ...
(1) Prepaid expenses: expenses paid in cash and recorded as assets before they are used or consumed. 先支付了费用但是还没有消费。Dr. Expenses and Cr. Assets. 有三个prepaid expenses accounts常需要这种adjustment. (a) Supplies: Supplies expenses 500 ...
百度试题 题目 Under the accrual basis of accounting, adjustments are often made for prepaid expenses and unearned revenues. A.正确B.错误 相关知识点: 试题来源: 解析 A 反馈 收藏
1901长期待摊费用Long-term deferred and prepaid expenses 1911待处理财产损溢Wait deal assets loss or income 191101待处理流动资产损溢Wait deal intangible assets loss or income 191102待处理固定资产损溢Wait deal fixed assets loss or income 二、负债类Liability 短期负债Current liability 2101短期借款Short-term...
Accounts Prepaid(预付账款) Accounts Receivable(应收账款) Accrued Expenses (预提费用) Accrued Salaries Payable(应付职工薪酬) Accumulated Depreciation(累计折旧) Accumulative Voucher(累计凭证) Advances From Customers (预收账款) Allowance Method (备抵法) Assets(资产) Balance Sheet(资产负债表) Bank Reconcil...
长期待摊费用 long-term deferred and prepaid expenses 待处理财产损溢 wait deal assets loss or income 二、负债类 debts 短期借款 short-term loan 应付票据 notes payable 应付帐款 accounts payable 预收帐款 advance payment 代销商品款 consignor payable 应付工资 accrued payroll 应付福利费 accrued welfarism ...