Redeemed a gift card for 730 of services
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Unearned revenue debit 730 and credit service revenue 730
Cash received when signing a note (cash flow)
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financing
debit and credit rules
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1.The normal balance for an account is the side on which it increases.
2. left is debit , right credit
3.Accounts increase on the same side as they appear in A = L + SE.
investing activities
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involve buying and selling productive resources with long lives such as
buildings, land, equipment, and software
GAAP
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is a framework of accounting standards, rules and procedures defined by
the professional accounting industry, which has been adopted by nearly all
publicly traded U.S. companies.
stockholders equity
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, The total amounts invested and reinvested in the business by its owners
Cash paid to employees (cash flow)
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operating
partnership
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a partnership is similar to a sole proprietorship , except that profits, taxes ,
and legal liability are the responsibility of two or more owners instead of
just one.
software
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asset, LT , balance sheet
revenues
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Unearned revenue debit 730 and credit service revenue 730
Cash received when signing a note (cash flow)
Give this one a try later!
financing
debit and credit rules
,Give this one a try later!
1.The normal balance for an account is the side on which it increases.
2. left is debit , right credit
3.Accounts increase on the same side as they appear in A = L + SE.
investing activities
Give this one a try later!
involve buying and selling productive resources with long lives such as
buildings, land, equipment, and software
GAAP
Give this one a try later!
is a framework of accounting standards, rules and procedures defined by
the professional accounting industry, which has been adopted by nearly all
publicly traded U.S. companies.
stockholders equity
Give this one a try later!
, The total amounts invested and reinvested in the business by its owners
Cash paid to employees (cash flow)
Give this one a try later!
operating
partnership
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a partnership is similar to a sole proprietorship , except that profits, taxes ,
and legal liability are the responsibility of two or more owners instead of
just one.
software
Give this one a try later!
asset, LT , balance sheet
revenues
Give this one a try later!
