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In accounting and finance, an accrual is an asset or liability that represents revenue or expenses that are receivable or payable but which have not yet been paid. In accrual accounting, the term accrued revenue refers to income that is recognized at the time a company delivers a service or good, even though the company has not yet been paid.
Adjusting entries for prepayments are necessary to account for cash that has been received prior to delivery of goods or completion of services. When this cash is paid, it is first recorded in a prepaid expense asset account; the account is to be expensed either with the passage of time (e.g. rent, insurance) or through use and consumption (e.g ...
Recent statistics (OECD Communications Outlook 2005) indicate that 40% of the total mobile phone market in the OECD region consists of prepaid accounts. This service was invented by Portuguese provider TMN, while researching for a means to increase penetration of mobile technology by allowing anyone to buy a fully working (usually requiring a quick and simple activation process) mobile phone ...
Snoop Dogg is entering new territory — he’s creating content for kids! The “Drop It Like It’s Hot” rapper and dad of 4 just launched a kids YouTube Channel called Doggyland – Kids ...
YouTube Kids has faced criticism from advocacy groups, particularly the Fairplay Organization, for concerns surrounding the app's use of commercial advertising, as well as algorithmic suggestions of videos that may be inappropriate for the app's target audience, as the app has been associated with a controversy surrounding disturbing or violent ...
If you have a similar approach to gift-giving for grandkids, we've got plenty of suggestions for the best toys of 2024 and the best gifts for big kids and teens, so you can find the perfect item ...
If you’re experiencing hair loss, you might be wondering about your treatment options. One of the most effective hair loss treatments out there is minoxidil, which has been proven by decades of ...
ChuChu TV is a network of Indian YouTube channels that creates edutainment content for children from ages 1 to 6. The network offers animated 2D and 3D videos featuring traditional nursery rhymes, in English, Hindi, Tamil and other languages, as well as original children's songs.