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L'equazione Accounting

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

    Balance day adjustments - the accounting equation In recording transactions where payment precedes benefit received'. When adopting this approach the payment is initially recognised as an asset rather than as an expense. At the end of each period part of this asset is allocated as an expense and posted to the Profit and Loss account. No reversing entries are required.

    Anton A.
    JM
    Anton A.

    How can an overstated asset affects the accounting equation?

    Samuel F.
    ZA
    Samuel F.

    When will a transaction affect only one side of the accounting equation?

    Harrison A.
    AT
    Harrison A.

    What is owners equity?

    Zachary B.
    US
    Zachary B.

    What is the accounting equation?

    Zachary B.
    US
    Zachary B.

    What is the account in equation?

    Diamond T.
    US
    Diamond T.

    When will a transaction affect only one side of the accounting equation

    Douglas R.
    US
    Douglas R.

    Needs to be thought about for some time.

    Erick V.
    PE
    Erick V.

    esto se normaliza al compensar las cuestas pre pagadas con los ingresos estimados con un asiento de conpensacion al estar en un periodo distinto del periodo contable analizado

    Tony I.
    NG
    Tony I.

    Is this topic different from the first one, or its a continuation?

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