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(1) Adjust the Unearned Revenue account to recognize earned services revenue. (2) Adjust the Supplies account for supplies used up during the year. (3) Accrue
(1) Adjust the Unearned Revenue account to recognize earned services revenue. (2) Adjust the Supplies account for supplies used up during the year. (3) Accrue rent expense. For each of the adjusting entries (1), (2), and (3), indicate the account to be debited and the account to be credited-from a through i below. a. Unearned revenue b. Services revenue c. Supplies expense d. Supplies e. Rent expense f. Accounts payable g. Cash h. Current assets i. Plant assets 1. Debit Credit For each of the adjusting entries (1), (2), and (3), indicate the account to be debited and the account to be credited-from a through / below. a. Unearned revenue b. Services revenue c. Supplies expense d. Supplies e. Rent expense f. Accounts payable g. Cash h. Current assets i. Plant assets 1. Debit Credit 2. Debit Credit 3. Debit Credit
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