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Get Rt Now gets a new client who prays 5540 for a package of six physkal training sessions. Get Rt Now collects the 5540 in

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Get Rt Now gets a new client who prays 5540 for a package of six physkal training sessions. Get Rt Now collects the 5540 in advance and will provide the training later. After four training sessions what should Get Fit Now record in Balance Sheet Select one Revenue in Advance 1360 b. Revenue in Advance 1540 Uneamed Service Revenue 50 d. Unearned Service Revenue 180 O e. None of the above Which of the following inventory systems journalises purchases of inventory to an asset account at the time of purchase Select one a Penodinventory h Perpetual inventory c Specific identification d. Both periodic and perpetual inventory e. Neither periodic nor perpetual inventory Use the following table to answer the below question Asset Prepaid insurance Equipment Inventory Accounts receivable Liability Wares payable Dividende Bank loan Accounts payable Revenge Expense Dividends received Rent Sales Inventory Purchases returns Equipment Discount received Cost of sales Identify which of the above items are correctly classified Select one OLL none of the above

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