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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 27, 2016



Title: Avalon Event Planning Services, Inc. records deferred expenses and deferred revenues using the ...
Post by: H3Ko on Aug 27, 2016
Avalon Event Planning Services, Inc. records deferred expenses and deferred revenues using the alternative treatments. It makes adjusting entries as needed to bring its books to the full accrual basis once a year at the end of the year. On October 1, it paid $3,700 for insurance for a one-year period. At the end of the year, it will make an adjusting entry that debits Insurance Expense for $2,158.
A) True
B) False


Title: Re: Avalon Event Planning Services, Inc. records deferred expenses and deferred revenues using the ...
Post by: Mrgo-breed on Aug 27, 2016
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Title: Re: Avalon Event Planning Services, Inc. records deferred expenses and deferred revenues using the ...
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation


Title: Re: Avalon Event Planning Services, Inc. records deferred expenses and deferred revenues using the ...
Post by: Mrgo-breed on Oct 16, 2016
Excellent :)