Connedt nl Saved Help Save Exit Submit Activity Type select

Connedt nl Saved Help Save& Exit Submit Activity Type select before the related revenue is recognized. after the related expense is recognized. before the related expense is recognized after the related revenue is recognized select select K Prev LI Next > PrtSc Insert Delete

Solution

unearned revenues reflect transactions when cash is received Before the related revenue is recognized Accrued expenses reflect transactions when cash is paid after the related expense is recognized prepaid expense reflect transactions when cash is paid befor the related expense is recognized Accured revenues reflect transactions when cash is received after the related revenue is recognized