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If a company has earned income which has not been received in cash at the end of the accounting period an adjustmen should be made

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If a company has earned income which has not been received in cash at the end of the accounting period an adjustmen should be made which will: Select one: a. DR an expense account and CR cash b. DR cash and CR a liability account c. DR an income account and CR an asset account d. DR an asset account and CR an income account Which of the following is an intangible asset? Which of the following is an intangible asset? Select one: O a. Patent O b. Goodwill c. Brand name d. All of the options are intangible assets The salaries expense account on the Worksheet shows an opening balance of $15... The salaries expense account on the Worksheet shows an opening balance of $15 000. The Worksheet includes a reversing entry for $1800 for salaries prepaid in the previous year and $1400 for salaries accrued in the current year. The balance of the salaries expense account that will be transferred to the income statement column is: Select one: O a. $14600 b. $18 200 O c. $11 800 O d. $15 400 What type of account is Unearned Income? What type of account is Unearned Income? Select one: O a. Liability O b. Asset O c. Income O d. Expense

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