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-   -   Nominal Versus Real Accounts Prepayments (https://www.askmehelpdesk.com/showthread.php?t=505990)

  • Sep 8, 2010, 05:49 PM
    borabora
    Nominal Versus Real Accounts Prepayments
    Identify the accounts that would be used to record the following transaction for a prepayment if the firm used NOMINAL accounts.
    Revenue Expense Liability Asset
    Insurance paid in advance
    Advances from Customers
  • Sep 9, 2010, 01:01 AM
    morgaine300

    Please see the guidelines for submitting homework problems:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

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