县属命品主越此油Prepaid expenses are an example of an expense.县属命品主越此油A. 县属命品主越此油县属命品主越此油错误县属
When a company prepays for an expense, it is recognized as a prepaid asset on thebalance sheet, with a simultaneous entry being recorded that reduces the company’s cash (or payment account) by the same amount.2Most prepaid expensesappear on the balance sheet as a current assetunless the ...
1) prepaid expenses,prepaid expense;advance payment 预付费用 2) pre-paid customer 预付费用户 1. Then it delineates the network structure and the message flow for thepre-paid customers using MMS, and it also proposes strategies to reconstruct the MMSC. ...
Prepaid expenses are future expenses that are paid in advance and hence recognized initially as an asset. As the benefits of the expenses are recognized, the related asset account is decreased and expensed. The most common types of prepaid expenses are prepaid rent and prepaid insurance. Common R...
“Prepaid expense.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prepaid%20expense. Accessed 22 Dec. 2024. Copy Citation Share Post the Definition of prepaid expense to Facebook Facebook Share the Definition of prepaid expense on Twitter Twitter ...
In business accounting, a prepaid expense is any good or service that has been paid for but not yet incurred. Prepaid expenses are recorded on thebalance sheetas an asset, most often as a current asset. Over time, prepaid expenses are expensed onto the income statement. ...
drawing expense in advance预提费用; 词组短语 让他预提费用His accrued expenses; Let him early-mentioned cost 税预提费用的分配Allocation of tax accruals 双语例句 1. To collect information of accrued expenses in monthly closing. 月底收集预提费用资料。
Prepaid expenses:预付账款 解释:反其道而行之,你今天先付钱,之后你再收货。 假设今天为始点,现金减少,而预付账款(资产)增加。到结点的时候,也就是费用真实发生的那一时点,预付账款减少,而同时费用增加。 扩展: prepaid expense 待摊费用 unearned revenue 预付账 accrued revenue应计收入accrued expense预提费用20...
You may be thinking: a prepaid expense is an expense account, right? It’s in the name! That’s a fair assumption, but as we mentioned, expenses are not recognized when you pay for them, but when they get used. That’s why prepaid expenses are first recorded asassets in thebalance ...
Prepaid expenses in one company's accounting records are often—but not always—unearned revenues in another company's accounting records. Office supplies provide an example of a prepaid expense that does not appear on another company's books as unearned revenue. ...