Accounting Journal Entry
Not what you're looking for?
Provide an example of a general journal entry using prepaid expenses, unearned revenue, or depreciation expense.
(1) Explain the type of entry.
(2) What would the outcome of the net income on the income statement be if your entry is never posted?
(Answer provided in less than 100 words.)
Purchase this Solution
Solution Summary
This solution provides an example of a general journal entry using prepaid expenses, unearned revenue, or depreciation expense. The type of entry is explained and the outcome of the net income on the income statement assuming the entry was never posted is also explained.
Solution Preview
(1) Rent expense 10,000
Prepaid rent ...
Purchase this Solution
Free BrainMass Quizzes
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.