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1.Which is NOT an example of a temporary account? Select one:a. Accumulated Depreciation b. Electricity and gas expense c. Income summary d. Service revenue 2.
1.Which is NOT an example of a temporary account?
Select one:a.
Accumulated Depreciation
b.
Electricity and gas expense
c.
Income summary
d.
Service revenue
2.
Which of the following journal entries would be recorded if a business renders services and receives cash of $400 from the customer?
Select one:a.
Dr Service revenue 400 / Cr Accounts payable 400
b.
Dr Cash 400 / Cr Service revenue 400
c.
Dr Service revenue 400 / Cr Accounts receivable 400
d.
Dr Service revenue 400 / Cr Cash 400
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