7 A firm signed a contract with another firm to provide 9-month service. It received 36.000 TL for 9-month service in advance in cash. Which one will be the accounting record?

Select one:

a Cash 36.000 debit, Unearned Revenue 36.000 credit

b Advance Payments 36.000 debit, Cash 36.000 credit

c Unearned Revenue 36.000 debit, cash 36.000 credit

d Cash 36.000 debit, Advance Payments 36.000 credit

9 When a building is sold for cash, the amount received is reflected as a cash

Select one:

a outflow in the operating section.

b inflow in the investing section.

c inflow in the financing section.

d inflow in the operating section.