Accruals and Deferrals Flashcards
1
Q
Deferred (unearned) Revenues
A
2
Q
Deferred (prepaid) expenses
A
3
Q
Accrued Revenues
A
4
Q
Accrued Expenses
A
5
Q
Summary of all four
A
Deferred (unearned) Revenues
Deferred (prepaid) expenses
Accrued Revenues
Accrued Expenses
Summary of all four