Business, 06.04.2021 02:30, isabelsmhl
Explain your understanding of what an accrued expense is by selecting the statements below which are correct. (Check all that apply.) Multiple select question. Examples of accrued expenses are wages expense and interest expense. They are also called accounts receivable. They refer to earnings which have been earned, but not yet billed. Adjustments involve increasing both an expense and a liability account. They are reported on an income statement. They refer to costs that are incurred in a period, but are both unpaid and unrecorded.
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Business, 23.06.2019 03:00, dontcareanyonemo
Madeline quits her job, at which she was earning $20,000 per year. she then takes $50,000 out of savings, on which she was earning 10% interest, and uses it to buy supplies for her business. she also pays $10,000 in rent on the building and $15,000 in additional labor costs. in her first year of operations, madeline receives $150,000 in revenue from sales. instructions: round each answer to a whole number. madeline's accounting cost is
Answers: 1
Business, 23.06.2019 12:00, Mialock7677
An increase in mexico’s demand for united states goods would cause the value of the dollar to
Answers: 1
Explain your understanding of what an accrued expense is by selecting the statements below which are...
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