Prepaid expenses are payments for goods or services that will be received in the future. These expenses are not initially recorded on a company’sincome statementfor the period when the money changes hands. Instead, prepaid expenses are first recorded on the balance sheet as an asset. But, as...
Prepaid expenses are:A.Payments made for products and services that do not ever expire.B.Classified as liabilities on the balance sheet.C.Decreases in equity.D.Assets that represent prepayments of future expenses.E.Promises of payments by customers.的答
[...]approach results in a misalignment of costs and programme activities as retiree benefit costs are shifted to future-year assessments on Member Statesforexpensesclassified as “specialexpenses”rather than being included as common staff costs during the working lives of staff members (A/64/366...
网络释义 1. 预付费用 常用会计词汇英译汉 ... premium 溢价prepaid expenses预付费用prime cost 主要成本 ... www.for68.com|基于532个网页 2. 待摊费用 会计英语 第三讲 ... net income 纯收入prepaid expenses待摊费用depreciation n. 贬值 ... ...
capital. Prepaid expenses that span multiple years are considered long-term assets — mostly. The portion of a long-term prepaid expense that is expected to be used within one year is classified as a current asset and the remainder that extends beyond one year is classified as a long-term ...
This type of Other Asset is specific to the Alphabet Group and represents board tooling parts and components which are maintained on hand and are used to build board tooling. These parts and components owned by the Company are to be classified as Other Assets (as opposed to Inventory).These ...
Anasseton abalance sheetthat comes about from a business making payment for a good or service it has not yet received, but will in the near future. Prepaid expenses areexpensedover time as the goods or services are received. A common example of a prepaid expense is aninsurance policy. Anot...
Which of the following items would be classified under current assets in the statement of financial position of a company. 1. trade payable 2. inventories 3. prepaid expenses 4. bank overdraft 5. tax owed by the authorities A. 1 and 4 only B. 1,2 and 5 C. 2,3 and 5 D. 2 an...
Deferred expensesare expenses a company has prepaid. They are recorded as “Assets” on a balance sheet. Deferred revenueis income a company has received for its products or services, but has not yet invoiced for. They are considered “Liabilities” on a balance sheet. ...
An advertising expense will normally be classified as an operating cost and included in the income statement under the accounting expense categories of selling, general and administration expenses. What is Prepaid Advertising? Prepaid advertising is a cost which has been paid in advance. A prepayment...