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Exam 1-Chs. 1-3 Seved Help Save & Exit 13 091226 For the entries below, identify the account to be debited and the account to
Exam 1-Chs. 1-3 Seved Help Save & Exit 13 091226 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 services revenue earned that was previously received as cash in advance b. Entry to record services revenue earned but not yet billed or recorded. c. Entry to record annual depreciation expense. d. Entry to record interest revenue earned but not yet collected (nor recorded) e. Entry to record janitorial expense incurred but not yet paid Accounts Account to be debited a. Account to be credited b. Account to be debited b. Account to be credited c. Accourt to be debited c. Account to be credited d. Account to be debited d. Account to be credited Account to be debited Account to be credited Account Title Financial Statement
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