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Unformatted text preview: Unearned Revenues- revenues received before they are earned. They are classified as liabilities when cash is received. Accrued Revenues- revenues that have been earned but cash has not yet been received and no transaction has been recorded. Accrued Expenses- expenses that have been incurred but not paid for yet and no transaction has been recorded. Depreciation Expense - -...
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This note was uploaded on 03/31/2010 for the course ACCOUNTING ACG4101 taught by Professor Abhijitbarua during the Spring '09 term at FIU.
- Spring '09