Rent Dr Rent Accrued Cr (for the Dec month)
True
What stage of accounting represents orders that have been received but payment has not been made
If a company is using the cash-basis method of accounting, when is revenue recorded? A) When services are rendered, even though cash may be received at a later date B) When cash is received C) Only when cash is received before the completion of the services D) Only when cash is received during the completion of the services
NOT Accured Expenditures Unpaid "U"
When a payment is received from a customer the adjusting entry is really simple. Cash has to be adjusted for the amount received since the company is actually receiving cash. Accounts recievable will also be adjusted to show payment was received. For example if the payment was in the amount of $500, you would want to Debit Cash and Credit Accounts Receivable, both for that amount of $500.
Adjusting Honor - 2010 is rated/received certificates of: USA:R
What stage of accounting represents orders that have been received but payment has not been made
True
True
What stage of accounting represents orders that have been received but payment has not been made
Come December - 2006 is rated/received certificates of: India:A
19 december - 1965 is rated/received certificates of: Belgium:KT
December - 1991 is rated/received certificates of: Australia:PG Iceland:L Singapore:PG USA:PG
19th December - 2006 is rated/received certificates of: UK:12
December Ends - 2006 is rated/received certificates of: Portugal:M/16
accured expenditure unpaid (AEU)
source → encoding → receiver → decoding