Accounting 10, 20, 30
Course Configurations
ACCT33
Module 33: Accrued Revenue (Optional)
Outcome
Examine entries related to accrued and deferred revenue and expenses.
Indicators
| (a) | Define accounting terms and concepts related to accruals such as accrual, deferral, reversing entry, accrued expense, accrued interest, expense, deferred revenue and deferred expense. |
| (b) | Calculate the accrued interest earned on a note receivable in the fiscal period, and record the adjusting entry for the accrued interest revenue. |
| (c) | Record entries for accrued revenue including reversing entry and receipt of payment on a note receivable with accrued interest. |
| (d) | Calculate the interest expense owed on a note payable for the fiscal period, and record the adjusting entry for the accrued expense. |
| (e) | Record the entries for accrued expense including reversing entry and payment on a note payable with accrued interest. |
| (f) | Record an entry to receive cash on deferred revenue. |
| (g) | Calculate the amounts and record the entry for deferred revenue when earned. |
| (h) | Record an entry to pay cash on a deferred expense. |
| (i) | Calculate the amount and record the entry for a deferred expense when incurred. |
Loading...
R104104
Century 21 Accounting: Multicolumn Journal. Working Papers, Chapters 18-24(Eleventh edition)
This is a non-reproducible student resource that has end-of-lesson, end of-chapter and reinforcement activities, as well as chapter study guides that complement the corresponding textbook chapters. It includes worksheets for capitol growth and development, assets, depreciation, and intangible assets, inventory, accruals, deferrals and reversing entries, end-of-fiscal work for corporations, accounting for partnerships, and worksheets for recording international and internet sales.
Media and Formats :
Book
Price :
$49.95 USD
Record posted/updated:
March 23, 2022
R032510
Accounting 1(7th ed.)
This Canadian textbook contains 12 chapters of current accounting practices, procedures and technologies. The exercises, case studies and computer applications reinforce the concepts presented and the career profiles provide real-world examples. A chapter review highlights accounting terms, review exercises, activities and questions to consolidate the learning.
•
Accounting 1. Student Workbook
•
Accounting 1. TestGen Test Bank
Media and Formats :
Book
Price :
$106.32
Record posted/updated:
December 8, 2021