Current Assets Prepaid Expenses

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Prepaid expenses — these are expenses paid in cash and recorded as assets before they are used or consumed The phrase net current assets (also called working capital) is often used and refers to the total of current assets less the total of current liabilities ... Read Article

Assets . Current Assets . Cash in bank $101,737 . Cash- restricted 2,877 . Prepaid Expenses Prepaid expenses– expense items that are paid in advance of their use period. Examples: prepaid building rent, prepaid copy machine ... Read Here

4-6 ECTION REPAID XPENSES AND NVENTORIES - The California ...
Items as potential prepaid expenses and other assets - current: Credit Prepaid expenses and other assets (beginning) $1,800,000 (To properly record inventory expense in the current year and reverse the prior year inventory balance) ... Document Retrieval

American Sleep Apnea Association STATEMENTS OF FINANCIAL ...
CURRENT ASSETS: Cash and cash equivalents 28,491$ 11,343$ Accounts and other receivables 1,589 1,553 Pledges receivable 10,000 Prepaid expenses 85,339 8,266 Total current assets 125,419 38,662 PROPERTY AND EQUIPMENT: ... View Doc

TOTAL CURRENT ASSETS 169,168.01 Prepaid Expenses 596.44 Tax ...
LAFAYETTE VILLAGE COMMUNITY ASSOCIATION BALANCE SHEET MAY 31, 2012 (UNAUDITED) ASSETS Cash — Operating Checking 156,797.83 Assessments Receivable 23,170.00 ... Retrieve Here

Accounting 1: Program #12 - "Adjusting Journal Entries" - YouTube
5:23 Adjusting Entries for Prepaid Expenses (Financial Accounting Series) by iNinjaNotes Featured 1,218; "Intro to Fixed Assets" by JCCCvideo 2,655 views; 41:49 "Current Liabilities" by JCCCvideo 1,162 views; 25:36 Accounting 1: Program #39 - "Class Conclusion" by JCCCvideo 769 views; 50 ... View Video

ASSETS 2010 2009 CURRENT ASSETS
ASSETS 2010 2009 CURRENT ASSETS Cash and cash equivalents $ 1,494,1443,185,416 $ Accounts receivable (net of allowance for doubtful accounts of $ Prepaid expenses $ 85,740145,653 $ TOTAL CURRENT ASSETS $ 3,590,7885,258,248 $ NONCURRENT ASSETS ... Access Content

Opening Day Balance Sheet - Welcome To 4expertise
Opening Day Balance Sheet Enter your Company Name here Assets Current Assets Cash in Bank $ - Inventory - Prepaid Expenses - ... View This Document

Statement Of Financial Position - General
Prepaid expenses 6. Other current assets. PROPERTY AND EQUIPMENT ­ AT COST. 7. Land and land improvements 8. Buildings and improvements. 9. Equipment 10. Furniture and fixtures 11. Less: accumulated depreciation 12. Net property and equipment. OTHER ASSETS. 13. Deposits 14 ... Document Retrieval

Audit Program For Prepaid Expenses And Other Assets
For prepaid expenses and other assets. Modification to the auditing procedures listed payment, (9) current-period expense, and (10) prepaid property taxes balance at the end of the period. b. Examine tax bills and record of payment and agree ... Access Doc

Current Assets On The Balance Sheet - Investing For Beginners
Cash and cash equivalents and short term investments are carried under current assets on the balance sheet. ... Read Article

Company Name: CURRENT ASSETS - Illinois Dept. Of Agriculture ...
CURRENT ASSETS: Cash--on hand and in banks Prepaid Expenses Other Current Assets Enumerate: TOTAL CURRENT ASSETS FIXED ASSETS COST ACCUMULATED BOOK VALUE DEPRECIATION Land Other Fixed Assets ... Fetch Here

¯ Prepaid and deferred charges accounts normally are not material and can be effectively tested by scanning and analytical procedures. Testing Determine the proper description and classification between current and noncurrent assets. Practical Consideration: ¯ See ... Doc Retrieval

Chapter 1
Auditing the Financing/Investing Process: Prepaid Expenses, Intangible Assets, and Property, Plant, and Equipment and Equity Accounts payable Accrued liabilities Debt Common stock Retained earnings Other Assets Prepaid expenses – current Intangible assets ... Document Retrieval

Reviewing Accounting Equation - YouTube
27:50 CFA Level I Non Current Liabilities (lessee) Assets, Liabilities, Owner's Equity, Accounts Payable. by Daniel Dickson 19,855 views; 8:00 QuickBooks Help - How To Record Prepaid Expenses by nerdenterprises 2,308 views; ... View Video

4370.3 APPENDIX 3 ASSETS CURRENT ASSETS
CURRENT ASSETS _____ 1110 Petty Cash $_____ 1120 Cash in Bank ASSETS PREPAID EXPENSES _____ 1240 Prepaid Property and Liability Insurance $_____ 1250 Prepaid Mortgage Insurance $_____ 1290 Miscellaneous Prepaid Expenses ... Document Viewer

Motorcar Parts Of America Reports Fiscal 2013 Second Quarter
LOS ANGELES -- Motorcar Parts of America, Inc. today reported results for its fiscal 2013 second quarter ended September 30, 2012 -- reflecting record results for its rotating electrical business and continued ... Read News

Balance Sheet ASSETS I. CURRENT ASSETS A. B. - ISMMMO
ASSETS I. CURRENT ASSETS A. Liquid Assets: 1. Cash. 2. Cheques received. 3. Banks. 4. Cheques given and payment orders (-). 5. G. Prepaid Expenses an d Income Accruals: 1. Prepaid expenses. 2. Income accruals. H. Other Current Assets: 1. ... Get Document

12.2 Prepaid Expenses
Received during the current period. This does not include prepayments, such as grants. and kept separate from prepaid expenses (non-financial assets). Materiality should be a consideration when assessing this policy. A prepaid expense ... Doc Retrieval

GA-503 Expense Recognition And Prepaid Assets
Expense Recognition and Prepaid Assets Prepared By: Ken Johnston Approved By: Brian Laffey in the current fiscal year relating to a future fiscal year must be recorded as a prepaid expense. Prepaid expenses in the general ledger are reviewed and reconciled by the controller’s Office on ... Doc Retrieval

Schedule 4. Prepaid Expenses.
LIABILITIES AND NET WORTH . CURRENT ASSETS: CURRENT LIABILITIES: Cash on Premises $ Accounts Payable (Schedule 6) $ Cash in Banks (Schedule1a) Accrued Interest on Borrowings ... View Document

Taseko Mines - Wikipedia, The Free Encyclopedia
Assets; March 31, 2008: September 30, 2007: June 2007: September 2006: Current Assets; Prepaid expenses: 839: 1,069: 2,641: 1,221: Current portion of promissory note: 723: 2,086: 1,238: 2,157: 124,105 94,619 Current events; Random article; Donate to Wikipedia; Interaction. Help; About Wikipedia; ... Read Article