current assets (BS)
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supplies, prepaid insurance, accounts receivable, accumulated
depreciation
current assets are listed in order of
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equity
, impact of missing adjusted journal entries
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assets, owners equity, and net income will be overstated, and expenses
and liabilities will be understated
interest revenue
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credit, interest earned but not received on investments
service revenue
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credit, expected money coming from completed service
what DOES NOT impact retained earnings directly?
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stock issuances
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supplies, prepaid insurance, accounts receivable, accumulated
depreciation
current assets are listed in order of
Give this one a try later!
equity
, impact of missing adjusted journal entries
Give this one a try later!
assets, owners equity, and net income will be overstated, and expenses
and liabilities will be understated
interest revenue
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credit, interest earned but not received on investments
service revenue
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credit, expected money coming from completed service
what DOES NOT impact retained earnings directly?
Give this one a try later!
stock issuances
