Dom should only report 3 months insurance expense. As a result, Dom will have an accurate net profit figure which is useful for decision-making.
The shortsighted view that reserves had to serve immediate human demands fur out door recreation should be replaced by full acceptance of their importance as places to preserve nature for the future. "We forget that they are the guarantee of life systems, on which any built-up area ultimately ...
Dom should only report 3 months insurance expense. As a result, Dom will have an accurate net profit figure which is useful for decision-making.
sequityis recordedbyadebittoRent Expense.Decreaseinassetsis recordedbyacredittoPrepaid Rent. 8-13 Dr.RentExpense$400 Cr.PrepaidRent$400 ENTRIESENTRIES 8-14 EXAMPLEEXAMPLE OnMarch8, theagencypaid $600foraone-year insurancepolicy. Aseachday ofthemonthpassed, apartoftheexpenditure expired. 8-15 ...
Prepaid rent: Prepaid rent is the amount which is paid by the business to the tenant before the actual rental period. It is the amount considered as the short term asset of the business and it is disclosed as a current asset when ...
1请告诉我那个是revised 哪个是adjustment 会计题目,求助在线等a) The annual insurance premium paid was 36,000for the year ended 31 August 2015 so two months (6,000) are prepaid, but thishasn’t been adjusted for. b) Mr Wardo is a vintage car enthusiast and hispersonal 1955 Buick was resto...
aAs I talked to you via phone yesterday, It’s very strange that the negative amount show in assets items. The same problem also exist in “accrued expense” and “prepaid expenses”. 因为我与您昨天谈了话通过电话,它是非常奇怪的消极数额展示在财产项目。 同一个问题也存在于“累积费用”和“预...
< Topic >Unifying the adjustment of expense at the time of advance adjustment, it is possible to streamline. SolutionsAs for adjustment server 10, the particular collating section 15 which is collated whether the charge liquidation information acquisition section the curd liquidation particular selection...
if working capital is being calculated for purposes of a sale transaction, some of these supplies should be inventoried and form part of current assets. The same applies for prepaid expenses which a private company owner may simply expense throughout the year. These prepaids should also be inclu...
The university most unique function lies in, through the education and counselling, develops pedagogue's power of thought, it causes the young people to become is good at pondering moreover the thought to be open, simultaneously understood how uses own wisdom and the knowledge serves for own ...