Generally accepted accounting principles dictate that rent expense should be shown on the financial statements of a business as a consistent amount from month to month. In accounting parlance, that's ...

Financial statements report a company's performance for specified time periods. In comparison, the revenue and expense activities of a company are fluid; they overlap the time periods of financial ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...

Businesses want to maximize their revenue in the hope that more revenue will equal greater profits. However, just because a business receives payment does not mean that it can record the proceeds as ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last eight fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...