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Match each definition with its related term by selecting the appropriate term from the dropdown provided. Match each definition with its related term by selecting
Match each definition with its related term by selecting the appropriate term from the dropdown provided.
Match each definition with its related term by selecting the appropriate term from the dropdown provided.1 At year-end, service revenue of $1,000 was collected in cash but was not yet earned. 2 Interest of $550 on a note receivable was earned at year-end, although collection of the interest is not due until the following year. 3 At year-end, wages payable of $5,600 had not been recorded or paid. 4 Office supplies were purchased during the year for $700, and $100 of them remained on hand (unused) at year-end. Term Accrued expense Deferred expense Accrued revenue Deferred revenue
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