Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
Prepaid expenses |
The advance payment of future expenses and are recorded as assets when cash is paid. |
|
|
Unearned revenue |
The advanced receipt of future revenues and are recorded as liabilities when cash is received. |
|
|
Accured revenues |
Unrecorded revenues that have been earned and for which case has yet to be received. |
|
|
Accured Expenses |
Unrecorded expenses that have been incurred and for which case has yet to be paid. |
