Question: You are required to provide a report based on analysis sourced from recent text books and academic Briefly explain the following terms with the double-entry

You are required to provide a report based on analysis sourced from recent text books and academic

Briefly explain the following terms with the double-entry effects.

  1. Accrual Expenses

(2marks)

  1. Prepaid Expenses

(2marks)

  1. Provision for Doutbful Debts

(3marks)

  1. Bad debts

(2marks)

Briefly explain the differences between depreciation expenses and accumulated of depreciation expenses with the extract of the effect in the financial statements.

(8 marks)

Briefly discuss the differences of capital expenditure and revenue expenditure.

(8marks)

note try to write 600 words in all Don't use your handwriting , do not send me another person's work and do not copy and paste for the reason of plagiarism ..... i can check plagiarism

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