Question
33.For following transaction, match account names with correct side. AAA received cash $6,000 in advance for catering service scheduled on next month, Debit is Unearned
33.For following transaction, match account names with correct side. AAA received cash $6,000 in advance for catering service scheduled on next month, Debit is Unearned Revenue Catering Service Revenue Accounts Payable Accounts Receivable Cash Credit is Unearned Revenue Catering Service Revenue Accounts Payable Accounts Receivable Cash
34.For following transaction, match account names with correct side. AAA paid cash $12,000 for fire insurance for next 6 months, Debit is Accounts Payable Cash Insurance Payable Prepaid Insurance Insurance Expense Credit is Accounts Payable Cash Insurance Payable Prepaid Insurance Insurance Expense
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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