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Eric owns a heating and cooling company. He routinely inspects a food storage warehouse. Eric is paid a future expense of $299 for replacing a

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Eric owns a heating and cooling company. He routinely inspects a food storage warehouse. Eric is paid a future expense of $299 for replacing a worn belt the next time he inspects the warehouse. Which of the following correctly shows Eric's entry for this transaction? Date Accounts Title Ref Debit Credit 9/19/17 Acct Receivable 203 $299 Unearned Revenue 502 $299 Accounts Title Ref Debit Credit 9/19/17 Acct Payable 203 $299 Owner Capital 502 $299 Date Accounts Title Ref Debit Credit 9/19/17 Cash 203 $299 Owner Capital 502 $299 Date Account Ref Debit Credit 9/19/17 Cash 203 $299 O Unearned Revenue 502 $299

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