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 expenses, (3) unearned revenue, or (4) prepaid expense:
a. Cash received for services not yet rendered
c. Rent revenue earned but not received
b. Insurance paid for the next year
d. Salaries owed but not yet paid AppendixLO1
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Related Book For
Corporate Financial Accounting
ISBN: 9781337398176
15th Edition
Authors: Carl Warren, Jefferson Jones
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