Adjusting journal entry to record the Unearned Revenue is a. Debit Service Revenue and Credit Uneamed Revenue b. Debit Account Receivable and Credit Service Revenue c. Debit Uneamed Revenue and Credit Account Receivable d. Debit Unearned Revenue and Credit Service Revenue Question 5 Not yet answered Marked out of 1 Flag question The statement that reports assets, liabilities and owner's equity of a business at the end of a specific date is called as a. Statement of owner's equity b. Ledger Oc. Balance Sheet Od. Income Statement Question 6 Not yet answered Marked out of 1 Flog question Ascertain the amount of Total Liability at the end of the year from the following information Drawings (during the year) OMR 6.000; Capital (at the beginning) OMR 30,000; assets at the end of the year - Cash OMR 4,000; Accounts Receivable OMR 1800; Building OMR 16,000; Equipment OMR 6.200 a. OMR 4,000 b. OMR 0.000 c. None of these Od. OMR 6,000 Question 7 Not yet answered Marked out of Flag question The appropriate journal entry for the following transaction is: Mr. Ahmed, the owner of the business, withdrew cash for personal use. a. Dr. Drawings: Cr. Cash b. Dr. Cash: Cr. Drawings c. Dr. Cash: Cr. Accounts Receivable Od. None of these