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QBO Chapter 9 Key terms

BRYAN VEGA Business/Economics Spanisch 6 Karten

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  1. 1Accounting cycleit is a series of accounting activities that a business
  2. 2Trial BalanceAlso referred to as an unadjusted trial balance because it is prepared before adjustments
  3. 3Correctionsfix mistakes in the accounting system
  4. 4Accrued revenuesare revenues that have been earned but not yet collected or recorded
  5. 5Accrued expensesare expenses that are incurred but not yet paid or recorded
  6. 6Unearned itemsconsist of revenue that we have not earned

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QBO Chapter 9 Vocabulary Words
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