. . Coronavirus (COVID-19) * Home - Algoma x G common share - Google LS18-y9_CUdWh4nC9ZiyZVfanBHwbyVpY7pUNE OCSMRD-P63A/formResponse not recorded in the accounting records O recorded as a credit to an unearned revenue account recorded as a credit to a prepaid expense account O recorded as a debit to a prepaid expense account Profit on the income statement results in an increase in equity on the balance sheet due to profitable operating activities over a period of time. True False This is a required question In reconciling the bank balance, the amount of an unrecorded bank service charge should be: O Added to the book balance of cash. O Deducted from the bank balance of cash. . . Coronavirus (COVID-19) * Home - Algoma x G common share - Google LS18-y9_CUdWh4nC9ZiyZVfanBHwbyVpY7pUNE OCSMRD-P63A/formResponse not recorded in the accounting records O recorded as a credit to an unearned revenue account recorded as a credit to a prepaid expense account O recorded as a debit to a prepaid expense account Profit on the income statement results in an increase in equity on the balance sheet due to profitable operating activities over a period of time. True False This is a required question In reconciling the bank balance, the amount of an unrecorded bank service charge should be: O Added to the book balance of cash. O Deducted from the bank balance of cash