Accounting chapt 21 Word Scramble
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Term | Definition |
Accrued Revenue | Revenue earned in one fiscal period but not received until a later fiscal period. |
Accrued Interest Income | Interest earned but not yet received. |
Reversing Entry | An entry made at the beginning of one fiscal period to reverse an adjusting entry made in the previous fiscal period. |
Accrued expenses | Expenses incurred in one fiscal period but not paid until a later fiscal period. |
Accrued Interest Expense | Interest incurred but not yet paid. |
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lbeddow
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