An asset created by prepayment of an expense is___.? recorded as a credit to an unearned revenue accountrecorded as a debit to an unearned revenue accountrecorded as a credit to a prepaid expense accountrecorded as a debit to a prepaid expense account相关知识点: 试题...
这句话翻译过来是： 累计折旧是损益表中的一种费用，句子语法没错，但是涉及会计常识，估计是错的，累计折旧一般记为管理费用或是制造费用
Bad Debt Expense is a/an ___ (asset/liability/etc.) account with a normal ___ balance. Closing entries: To complete the business cycle, closing entries are necessary to be recorded in the book of company. These accounting entries prepare the financial data of the company...
Is a Debtor an Asset? A debtor is a person or a business. The money owed by a debtor is considered an asset of the creditor. Money owed by a debtor can be an account receivable in some cases if it's for goods or services bought on credit or a note receivable if it's a loan. ...
Answer to: Classify the equipment account as a revenue, an expense, an asset, a liability, or an equity account. Is its normal balance a debit or a...
3 situations when insurance is an asset and not a liability Are you one of those Singaporeans who views insurance as an expense rather than an asset?For the man (or woman on the street), whether insurance is an asset and not a liability can be a hard question to answer. Here are ...
An asset is a resource with economic value that an individual or company owns or controls with the expectation that it will provide a future benefit.
The answer is no…no almost across the board. Marketers view spending on content marketing as an expense.This is something we as marketing professionals have to change. First some questions. What Is an Asset? According to Investopedia, an asset is “a resource with economic value that …a co...
An asset account is a general ledger account used to sort and store the debit and credit amounts from a company's transactions involving the company's resources
“Expenses may be in the form of actual cash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts).” Expense as a verb The term may also be used as a verb – however, it is not common...