أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
The income statement should show an expense of $2,000. The balance sheet should show a prepaid expense of 15,000. It is important to know if the trial balance was at fiscal year end or there were any adjustments or changes.
they'll not appear in I/S .
In BS a balance of 148000 CR will appear .