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Adjusting entries affect at least one balance sheet account and at least one income statement account. For the entries below, identify the account to be

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Adjusting entries affect at least one balance sheet account and at least one income statement account. For the entries below, identify the account to be debited and the account to be credited. Indicate which of the accounts is the income statement account and which is the balance sheet account. Assume the company records prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liability accounts. a. Entry to record consulting services performed but not yet billed (nor recorded) b. Entry to record service revenues performed but not yet billed (nor recorded) c. To record rent expense incurred but not yet paid. d. To record expiration of prepaid rent. e. To record supplies used as supplies expense. -Book Print Account Title a Account to be debied Accounts receivable Account t o God Consulting services revenue Adjusting entries affect at least one balance sheet account and at least one income statement account. For the entries below, identify the account to be debited and the account to be credited. Indicate which of the accounts is the income statement account and which is the balance sheet account. Assume the company records prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liability accounts. a. Entry to record consulting services performed but not yet billed (nor recorded). b. Entry to record service revenues performed but not yet billed (nor recorded). c. To record rent expense incurred but not yet paid. d. To record expiration of prepaid rent. e. To record supplies used as supplies expense. Accounts Account Title Balance sheet Account to be debied Accounts receivable Account to be credited Consulting services revenue b. Account to be deed Account to be crested Account to be detined Around to be created d. Account to be debited A to be credned A uto be credited up

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