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The Difference Between Accruals & Prepaid Expenses: Quick Tips
Автор: Next Level Solutions
Загружено: 1 дек. 2020 г.
Просмотров: 867 просмотров
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To match things properly in GAAP accounting, we use accruals and prepaid expenses. A prepaid expense is essentially something you purchase that will be used over a period of time - an insurance policy is a great example. On the other hand, accruals allow you to account for expenses before they actually occur.
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