Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual Label the adjustments as either Deferrals
Question:
Activity 3.a - Identifying adjustments as Deferrals / Prepaids or Accrual
Label the adjustments as either Deferrals / Prepaids or Accrual AND as a revenue or expense. View drag and drop keyboard instructions
Draggable Card,Deferrals / Prepaids
Draggable Card,Accrual
Draggable Card,Prepaid Expense
Draggable Card,Unearned Revenue
Draggable Card,Accrued Revenue
Draggable Card,Accrued Expense
Droppable Area,Customers were billed for $1,400 for work completed.,
Draggable Card,Accrued Revenuecorrect
Draggable Card,Unearned Revenueincorrect
Draggable Card,Deferrals / Prepaids
Droppable Area,Depreciation for the current year includes Equipment, $600.,
Draggable Card,Deferrals / Prepaidscorrect
Draggable Card,Accrued Expense
Droppable Area,Purchased $1,600 of office supplies on account.,
Draggable Card,Accrued Expenseincorrect
Draggable Card,Deferrals / Prepaids
Draggable Card,Prepaid Expensecorrect
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill