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% | 4: 08:18 2019/4-202102-Principles of Accounting | 02102-Principles of Accounting In 20194 On Jan-1 Purchased office supplies of 4,000 -9.1 on cash Supplies used
% | 4: 08:18 2019/4-202102-Principles of Accounting | 02102-Principles of Accounting In 20194 On Jan-1 Purchased office supplies of 4,000 -9.1 on cash Supplies used during the month is 1,500-2 On March 30- 3 months' insurance expired -3 amounted to 600 On Jan-1 Paid 12,000 for 12-month rent-4 On Jan 31-500 of service provided to the 5 .customer On Jan-31 One month rent expired -6 On Jan-31 Salaries occurred amounted to 500-7 ) 7 (7 ) 10 1 : Wrid , Excel PPTP - , 1%WII # 4:11 08:14 2019/4-202102-Principles of Accounting II ...02102-Principles of Accounting 120194 Cash is an example of 7 (aha 2) Current Asset Non-Current Asset Current Liability Non-Current Liability Why unearned revenue as known as a - 8.1 liability? Briefly explain with an example (2Marks) What is the difference between accrued-2 revenues and accrued expenses? Give examples (2Marks) Define Accounting-(2Marks)-3 Write an example of a non-current asset and a -4 current liability (2Mark) (all 8)
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