'Unearned rent' diaporamas de présentation

Chapter 3

Chapter 3. The Matching Concept and the Adjusting Process. Key Terms. accrual basis recognition matching deferred revenues accrued expenses prepaid expenses accumulated depreciation contra accounts. Objectives.

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Ch 03 The Matching Concept and the Adjusting Process

Ch 03 The Matching Concept and the Adjusting Process. 1. The Matching Concept 2. Nature of the Adjusting Process 3. Recording Adjusting Entries 4. Summary of Adjustment Process 5. Financial Analysis and Interpretation. Learning Objectives. Reporting Revenue and Expense. TWO METHODS.

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The Adjusting Process

3. The Adjusting Process. Student Version. 1. Describe the nature of the adjusting process. 3-2. 1. Types of Accounts Requiring Adjustment. Prepaid expenses are the advance payment of future expenses and are recorded as assets when cash is paid. 1.

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The Adjusting Process

3. The Adjusting Process. Student Version. 1. Describe the nature of the adjusting process. 3-2. 1. Types of Accounts Requiring Adjustment. Prepaid expenses are the advance payment of future expenses and are recorded as assets when cash is paid. 1.

311 views • 31 slides

Revenue and Expense Recognition

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