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QS 3 - 2 3 Preparing adjusting entries LO 4 Stark Company records prepayments of expenses in asset accounts and receipts of uneamed liability accounts.
QS Preparing adjusting entries LO
Stark Company records prepayments of expenses in asset accounts and receipts of uneamed liability accounts. Using the list of accounts provided, identify the debit and credit entry requi of the annual adjustments described in a through e The first one is done as an example.
Cash
Prepaid Advertising
Depreciation Expense
Advertising Payable
Accumulated DepreciationEquipme:
Advertising Expense
Equipment
Accounts Receivable
Services Revenue
Equipment Expense
Unearned Services Revenue
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