Question
If a journal entry contains a debit to an asset account and a credit to a revenue account, what type of adjusting journal entry has
If a journal entry contains a debit to an asset account and a credit to a revenue account, what type of adjusting journal entry has been prepared?
1: An unearned revenue
2: An accrued expense
3: An accrued revenue
4: A prepaid expense
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
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