Question
match the following adjustments with their appropriate type of adjustment. The types of adjustments are: Unearned Revenue; Accrued Revenue; Accrued Expense; and Prepaid Expense. 8.A
match the following adjustments with their appropriate type of adjustment. The types of adjustments are: Unearned Revenue; Accrued Revenue; Accrued Expense; and Prepaid Expense.
8.A client finally paid you for the work that you had done for them.___________________
You owe two weeks worth of wages to one of your employees.
You realize that $500 of your prepaid store theft insurance has been used.
Your business provided $10,000 of services, you are billing the client today. ______
One of your clients paid you $11,000 prior to you doing the work for them. ______
9.state the name of the international financial accounting rules. Just an abbreviation is fine.
11.use the following account balances to close the books, a.k.a make the closing entries. There will be two journal entries here.
Utility Expense $3,000; Revenue $15,800; Salary Expense $4,000; Travel Expense $1,950.
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