Type of adjustment OBJ. 1 Classify the following items as (1) prepaid expense, (2) unearned revenue, (3)
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Type of adjustment OBJ. 1 Classify the following items as (1) prepaid expense, (2) unearned revenue, (3) accrued revenue, or (4) accrued 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
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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