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Il riconoscimento entrate e spese

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  • Note di Apprendimento
  • Revisione degli argomenti
    Wendy C.
    AU
    Wendy C.

    Revenue and expense recognition is useful in determining periodic profit

    Samuel F.
    ZA
    Samuel F.

    What Is the Difference Between Revenue Recognition & Matching Principle?

    Harrison A.
    AT
    Harrison A.

    Revenue and expense recognition,let me apply accrual basis of accounting method under which revenues are recognized on the income statement when they are earned (rather than when the cash is received ) . The balance sheet is also affected at the time of the revenues by either an increase in cash( if the service or sales was for cash ), an increase in account receivable (if the service was performed on credit), or a decrease in unearned revenues ( if the service was performed after the customer had paid for the dervice ). Under the accrual basis of accounting ,expenses are matched with revenues on the income statement when the expenses expire or title has transferred to the buyer,rather than at the time when expenses are paid . The balance sheet is also affected at the time of the expense by a decrease in cash (if the expense was paid at the time the expense was incurred ), an increase in accounts payable ( if the expense will be paid in the fucture), or a decrease in prepaid expenses ( if the expense was paid in advance ).

    Harrison A.
    AT
    Harrison A.

    What is a variable expense ?

    Zachary B.
    US
    Zachary B.

    What does revenue and expense recognition mean?

    Diamond T.
    US
    Diamond T.

    What Is the Difference Between Revenue Recognition & Matching Principle?

    Diamond T.
    US
    Diamond T.

    What Is the Difference Between Revenue Recognition & Matching Principle?

    Diamond T.
    US
    Diamond T.

    What Is the Difference Between Revenue Recognition & Matching Principle?

    Douglas R.
    US
    Douglas R.

    Critical reading is used to remember these modules.

    Erick V.
    PE
    Erick V.

    simplemente hay que llevar un adecuado registro de ls cuentas sean en efectivo o cuentas por cobrar el tratamiento que le den depeden de la política de cada empresa le signe para este fin

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