Accounting Comic strip
Storyboard Text
- Hardin's tax company
- Office meeting @ 3
- I heard some of our new employees need refreshing on how we do things around here.
- What is this meeting for Matt?
- Prepaid Expensefuture expense paid in advance Accrued Expense Debit to an expense account
- How to do it correctly and why it is
- Accrued Revenue Earned by providing a good or serviceReversing EntryMade in accounting period
- If you dont know how to do something you ask another employee!!!
- Unearned Revenue Money received for a service that hasn't been providedDeferred RevenueAn asset on the balance sheet until expenses are incurred
- Prepaid Expensefuture expense paid in advance Accrued Expense Debit to an expense account
- WE all understand whats on the board Mr. Hardin
- How to do it correctly and why it is
- Accrued Revenue Earned by providing a good or serviceReversing EntryMade in accounting period
- Unearned Revenue Money received for a service that hasn't been providedDeferred RevenueAn asset on the balance sheet until expenses are incurred
- Prepaid Expensefuture expense paid in advance Accrued Expense Debit to an expense account
- How to do it correctly and why it is
- Accrued Revenue Earned by providing a good or serviceReversing EntryMade in accounting period
- I have wrote down the simply basics on the board PLEASE take NOTES for the future
- Unearned Revenue Money received for a service that hasn't been providedDeferred RevenueAn asset on the balance sheet until expenses are incurred
- If you need help ill be at my desk if you take your notes you should be good
- Matt do you understand what we are to be dong? I don't understand a thing!
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