What are the meanings of those words in the pictures?

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the accounts Adjusting Adjusting entries The accounting period Accrual basis versus cash basis Accrual basis Cash basis Recognizing Revenues Recognizing Expenses Framework for adjustments (preparation of adjusting entries) Prepaid expenses Unearned revenues Accrued espenses Accrued revenues Prepaid (deferred) expenses Asset Expenses Prepaid insurance Supplies Depreciation Useful life Salvage value Unearned (deferred) revenues Accrued expenses Accrued salaries Accrued interest Accrued revenues Accrued services revenue Accrual for uncollectible accounts alternative Methods of Recording Deferrals Worksheet UNADJUSTED TRIAL BALANCE ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET Preparing the worksheet (step 5) Explain chart of accounts Allowance for doubtful accounts Accumulated depreciation- office equipment Salaries payable Interest payable Depreciation expense Rent expense Supplies expense Doubtful accounts expense Cash Accounts recievable Salaries payable Accounts payable Prepaid rent Utilities expense Capital Withdrawals How to prepare: POST CLOSING TRAIL BALANCE CLOSING ENTRIES ARE JOURNALIZED AND POSTED REVERSING ENTRIES ILLUSTATION PAYMENT ENTRY the accounts Adjusting Adjusting entries The accounting period Accrual basis versus cash basis Accrual basis Cash basis Recognizing Revenues Recognizing Expenses Framework for adjustments (preparation of adjusting entries) Prepaid expenses Unearned revenues Accrued espenses Accrued revenues Prepaid (deferred) expenses Asset Expenses Prepaid insurance Supplies Depreciation Useful life Salvage value Unearned (deferred) revenues Accrued expenses Accrued salaries Accrued interest Accrued revenues Accrued services revenue Accrual for uncollectible accounts alternative Methods of Recording Deferrals Worksheet UNADJUSTED TRIAL BALANCE ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET Preparing the worksheet (step 5) Explain chart of accounts Allowance for doubtful accounts Accumulated depreciation- office equipment Salaries payable Interest payable Depreciation expense Rent expense Supplies expense Doubtful accounts expense Cash Accounts recievable Salaries payable Accounts payable Prepaid rent Utilities expense Capital Withdrawals How to prepare: POST CLOSING TRAIL BALANCE CLOSING ENTRIES ARE JOURNALIZED AND POSTED REVERSING ENTRIES ILLUSTATION PAYMENT ENTRY

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ANSWER Adjusting the Accounts Account adjustment is known as adjusting entries Adjusting the Accounts entries are made in the general journal at the e... View the full answer