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2. Accrued Expenses. Expenses incurred but not yet paid in cash or recorded.
3-13 LO 4 Identify the major types of adjusting entries. Trial Balance
Trial Balance – Each account is analyzed to determine whether it is complete and uptodate. Account PIONEER ADVERTISING AGENCY INC.
October 31, 2008
$ 28,700 LO 4 Identify the major types of adjusting entries. Adjusting Entries for Deferrals
Adjusting Entries for Deferrals
Deferrals are either: Prepaid expenses or Unearned revenues. Chapter
3-15 LO 5
LO Prepare adjusting entries for deferrals.
Prepare Adjusting Entries for “Prepaid Expenses”
Adjusting Entries for “Prepaid Expenses”
Payment of cash, th...
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- Spring '11
- Generally Accepted Accounting Principles, Lo, Pioneer Advertising, PIONEER ADVERTISING AGENCY INC