ACCRUED INCOME VS PREPAID INCOME #accounting #DIFFERENCE #INCOME
JOURNAL ENTRY FOR THE SERVICE RENDERED ON CREDIT
Adjusting Entries for Unearned Revenue (Liability Method and Income Method)
JOURNAL ENTRY FOR THE SERVICE RENDERED IN CASH
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Journal entry for Cash Received for Services Provided
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Adjusting Entry Example: Unearned Revenue
Closing Entries (Two Approaches)
Accrual Example: Revenue
MAJOR ACCOUNTS: ASSETS, LIABILITIES, OWNER'S EQUITY, REVENUE AND EXPENSES
What evidence is issued for Services Rendered ? | 𝗣𝗧𝗔𝗕𝗖𝗣 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗖𝗼𝗮𝗰𝗵𝗶𝗻𝗴
Accounting equation Q19SG