Taxes owed buy payable in the following period

Reference no: EM131032154

Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, or (d) accrued expense:

1. A two-year premium paid on a fire insurance policy.
2. Fees earned but not yet received.
3. Fees received but not yet earned.
4. Salary owed buy not yet paid.
5. Subscriptions received in advance by a magazine publisher.
6. Supplies on hand.
7. Taxes owed buy payable in the following period.
8. Utitlites owed but not yet paid.

Reference no: EM131032154

Questions Cloud

Identify good meeting facilitation skills : Project Managers will conduct a lot of meetings. The discipline necessary to conduct good meetings on a consistent basis is hard to come by. The mechanics of running a good meeting can never be repeated too many times. Identify good meeting facilitat..

What is the probability of each sample : A sample space consists of 46 separate events that are equally likely. What is the probability of each? Suppose you have an extremely unfair coin: the probability of a head is 1/5, and the probability of a tail is 4/5.

Benefits of creating a comprehensive crisis response plan : What are the benefits of creating a comprehensive crisis response plan before a crisis happens? Please research and share at least 1 example of an organization that created and then used such a plan. What happened? What advice would you give a leader..

Determine the longest length : The ring of negligible size is subjected to a vertical force of 200 lb. Determine the longest length l of cord AC such that the tension acting in AC is 160 lb. Also, what is the force acting in cord AB?

Taxes owed buy payable in the following period : Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, or (d) accrued expense:

Magnitude of horizontal repulsive force : Two electrically charged pith balls, each having a mass of 0.15 g, are suspended from light threads of equal length. Determine the magnitude of the horizontal repulsive force, F, acting on each ball if the measured distance between them is . r = 2..

Cross-cultural research on leadership : What was not considered as an important question in the cross-cultural research on leadership?

Calculate the regression equation for entire range of data : Calculate the regression equation for the entire range of data. Is this a usable regression line? For full credit for this assignment make sure you have: Found the slope and intercept of the best fit line through Y and X using all 8 data points.

Do you agree with mcsweeneys view on national cultures : Would workers in Australia, America or Europe accept the Taylorism in this form today - consider the design of scripts for use in Call Centres, can you see Taylorism in that? Explain.

User Account

All Pages