When are expenses credited, Basic Statistics

Assignment Help:

When are expenses credited?

While common journal cost records are typically debited and have debit account balances, there are times when the cost records are acknowledged.

Some instances when common journal cost records are acknowledged include:

The end-of-year closing entries

The treating entrance for a previous accumulation changing entrance including an expense

A changing use of delay part of a payment that was debited to a cost account

A repairing use of reclassify an amount from the inappropriate cost consideration to the correct account

Expertsmind.com offers unique accounting assignment help


Related Discussions:- When are expenses credited

Calculate profitability index of project, Your division has been allocated ...

Your division has been allocated $15M for capital projects for the coming year. You've been able to identify five potential projects, as outlined in the table below, each of which

Frequency distribution, hey goo day, i wanna know the definition of frequen...

hey goo day, i wanna know the definition of frequency distribution and how to conduct it like in examples?

meanings of statistics by different authors, meanings of statistics by dif...

meanings of statistics by different authors and importance of statistics in the field of Education

Is venus geologically active, Is Venus geologically active? -It is almost ...

Is Venus geologically active? -It is almost certain that Venus, a planet almost of the same size as earth is geologically active. Recent studies show that there is Volcanic and t

Correlation, what are the condition to use probable error

what are the condition to use probable error

Operation research, A paper mill produces two grades of paper viz., X and Y...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Dr. s.n.de, uses of time series with example

uses of time series with example

Biostatistics, I need the following exercises done by March 19th at 11:59pm...

I need the following exercises done by March 19th at 11:59pm: 4.4, 4.6, 4.8, 4.10, 4.14, 4.18, 4.26, 4.28. On pages 198-205

Hypothesis the basic short-run and long-run, In reguards to the airlines in...

In reguards to the airlines indusry, provide a minimum of 300 words for each statement. plus atleast 3 academic resources. 1. hypothesis the basic short-run and long-run behavio

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd