RECORD TO REPORT (R2R)-ONE COMPLEX INTERVIEW QUESTION ENSURE 50% PROBABILITY TO CLEAR INTERVIEW

#RECORD #TO #REPORT (#R2R)-#ONE #COMPLEX #INTERVIEW #QUESTION #ENSURE 50% #PROBABILITY #TO #CLEAR #INTERVIEW#AccountsGurukul#
#UnbilledRevenue
#EntryforRevenue
#DeferredRevenue
#ReceiptBooking
#RevenueBookingfromDeferred
#AccruedExpenses
#EntryforExpenseBooking
#ReversalofAccruals
#PrepaidExpenses
#PaymenttoVendor
#ExpenseoffofPrepaid

[@yogeeshgv2001]

Thanks you sir, show the more examples in the same accrual concept,

[@Anoxe100]

Unbilled revenue and accrued income are one and same so one not should be confused, They are shown on the asset side of the balance sheet

[@AccountsGurukul]

Yes both are part of assets but have different meaning. Thanks

[@Anoxe100]

Can u plz explain the difference​@@AccountsGurukul

[@SSam-xd2yj]

Great Informative video, I have a query?
In the service receiver books on Mar 24, Can we use the JE as below instead of crediting vendor A/C ??
" Prepaid expenses A/C - Debit 9000
Accounts payable A/C - Credit 9000

[@Amanpathak76]

❤❤

[@AccountsGurukul]

Thanks