Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3 part question Fahim Printing Works was founded in January 2015. attached are adjusted and unadjusted trial balances as of December 31, 2019. Compare the
3 part question
Fahim Printing Works was founded in January 2015. attached are adjusted and unadjusted trial balances as of December 31, 2019. Compare the account balances in unadjusted and adjusted trial balances and identify the adjusting entries recorded in adjusted trial balance in respect of "Unearned Advertising Revenue" by selecting correct options. A. Accounts receivable DR 66,000 B. Accounts receivable DR 11,550 C. Unearned Advertising Revenue DR 4,620 D. Advertising Revenue CR 23,100 E. Advertising Revenue CR 61,380 F. Advertising Revenue CR 72,930 G. Accounts receivable DR 77,550 H. Advertising Revenue CR 18,480 I. Accounts receivable DR 23,100 J. Unearned Advertising Revenue CR 4,620 K. Advertising Revenue CR 11,550 L. Accounts receivable DR 4,620 M. Advertising Revenue CR 4,620 N. Advertising Revenue CR 66,000 O. Advertising Revenue CR 77,550 P. Advertising Revenue CR 6,930 Fahim Printing Works was founded in January 2015. attached are adjusted and unadjusted trial balances as of December 31, 2019. Compare the account balances in unadjusted and adjusted trial balances and identify the adjusting entries recorded in adjusted trial balance in respect of "Accounts Receivable" by selecting correct options. A. Accounts receivable DR 23,100 B. Accounts receivable DR 66,000 C. Accounts receivable DR 11,550 D. Advertising Revenue CR 11,550 E. Advertising Revenue CR 61,380 F. Advertising Revenue CR 4,620 G. Advertising Revenue CR 66,000 H. Advertising Revenue CR 77,550 I. Advertising Revenue CR 72,930 J. Advertising Revenue CR 18,480 K. Accounts receivable DR 4,620 L. Unearned Advertising Revenue DR 4,620 M. Accounts receivable DR 77,550 N. Unearned Advertising Revenue CR 4,620 O. Advertising Revenue CR 6,930 P. Advertising Revenue CR 23,100 Fahim Printing Works was founded in January 2015. attached are adjusted and unadjusted trial balances as of December 31, 2019. Compare the account balances in unadjusted and adjusted trial balances and identify the adjusting entries recorded in adjusted trial balance in respect of "Advertising Revenue" by selecting correct options. A. Advertising Revenue CR 18,480 B. Accounts receivable DR 66,000 C. Advertising Revenue CR 16,170 D. Unearned Advertising Revenue CR 4,620 E. Accounts receivable DR 4,620 F. Accounts receivable DR 11,550 G. Advertising Revenue CR 66,000 H. Advertising Revenue CR 72,930 I. Accounts receivable DR 23,100 J. Accounts receivable DR 77,550 K. Advertising Revenue CR 23,100 L. Advertising Revenue CR 61,380 M. Advertising Revenue CR 6,930 N. Advertising Revenue CR 77,550 O. Advertising Revenue CR 4,620 P. Advertising Revenue CR 11,550 Q. Unearned Advertising Revenue DR 4,620Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started