Type of adjustment Obj. 1, 2, 3 Classify the following items as (1) accrued revenue, (2) accrued

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Type of adjustment Obj. 1, 2, 3 Classify the following items as (1) accrued revenue, (2) accrued expense, (3) unearned revenue, or (4) prepaid expense:

a. Cash received for use of land next month

c. Rent expense owed but not yet paid

b. Fees earned but not received

d. Supplies on hand AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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