|
|
| *Home>>>Accounting Course |
I am taking a college level Accounting course and am a little confused? |
I was wondering if someone could explain the basics of account adjustiments when, for example, you have a prepaid insurance fee and a month has passed by and a monthly payment of $100 has now been used. Thanks in advance! However much money is designated for the insurance ahead of time. If it is 6 months prepaid then you have to debit the account $100 for one month and you have X dollars left for the last 5 months. It all depends on how many months the prepaid insurance covers. Hope this helps. Any questions? |
| Related information |
There's information on a dual major here: ... Let's start from the beginning. What you've done was: Dr Sales 139.52 Dr Vat 24.42 Cr A/cs receivable 163.94 and now you need to correct that. You can do it in 2 stages or in ... Expenses are considered liabilities. Your insurance and interest should go under short term, while the depreciation should go under long term since it's taken over a period of years. Revenu... I don't think any exemptions would be provided by A levels. You would probably gain exemption from the Intermediate exam with a university accounting degree, although I may not be up to date ... I believe you posted this in the wrong section.....Singles & Dating.....not so much. ...Very few people enroll in accounting to pursue accounting careers. Most enroll in the subject to satisfy a core requirment for the particular degree or field of study that they are pursuing. ...Generally speaking there are two types of interviews: technical and behavioral. On a behavioral interview, the interviewer is trying to get a feel of your personality to see if it fits the com... National University (www.nu.edu) has an online certificate in Accounting. It's seven courses, each taken in one month, and it qualifies you to sit for the CPA exam. They are a nonprofit scho... |
Categories--Copyright/IP Policy--Contact Webmaster |