Expense entry as on 31st Dec 2016 Rent A/c Dr To Vendor A/c Cr (Payable in Mar 16)Prepaid Exp Entry Prepaid Rent Exp A/C Dr To Rent Exp A/C Cr (Should be amortised in 3 months)Entry At the time of Bank payment to Vendor in Mar 17 Vendor A/C Dr To Bank A/c Cr Was th...
rent expense 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 租金费用 翻译结果2复制译文编辑译文朗读译文返回顶部...
To understand how prepaid rent fits into this analysis, you need to know that a rent expense entry will list the cost of occupying space during the time interval indicated on the income statement – even if the rent was not paid within that period. So, if ABC company is preparing its inc...
Make a general journal entry in which you debit the rent expense account for the monthly rent payment determined in step 2 and credit deferred rent expense, a liability account, for the same amount. Repeat step 3 for each month during which you are granted free rent. Tip At the end of y...
People with Cargo Cult conceptions of economics, where wealth simply exists in fixed quantities, and everyone deserves their slice of the "pie," will think of economics as a zero sum game, so that the successful have acquired their wealth at the expense of others. A good example of that ...
BILL:this is an expense transaction, such as for repair costs or management fees. CHARGE:this is a transaction billed to the tenant, most typically a rent payment. NACHA EXPORT:this is a credit we processed to your distribution account. This type of transaction is howyouget paid!
Rent Expense D. Accounts Receivable Which account below should be debited to record receiving a payment on an account receivable? a. Cash b. Accounts Receivable c. Allowance for Doubtful Accounts d. Bad Debt Expense (Ret. Earn) In a journal entr...
2. Prepaid expense and unearned income accounts are assets. A) True B) False. 3. Accrued expenses are liabilities. A) True B) False. 4. All else bei Services provided on account is recorded in the revenue journal. a. True b. False All else being equal, overstating ...
entry of global financial actors. The incorporation of REITs (Real Estate Investment Trusts) into the property market in Ireland was part of a strategy to recapitalise the country's failed banking sector and to attract foreign investment, at the expense of the protection of tenants and vulnerable...
In a journal entry, a debit decreases which of the following accounts? A. Cash B. Accounts Payable C. Supplies Expense D. Both A and C Which of the following accounts normally has a credit balance? A. Notes Payable B. Div...