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QUESTION 26 2p Select the entry to record the following transaction:Received a $250 advance payment for work that is to be completed later. A. Cash
QUESTION 26 2p Select the entry to record the following transaction:Received a $250 advance payment for work that is to be completed later. A. Cash 250 Accounts Receivable 250 B. Accounts Payable 250 Unearned Service Revenue 250 C. Cash 250 Unearned Service Revenue 250 D. Unearned Service Revenue 250 Cash 250 QUESTION 27 2 p Select the entry to record the following transaction:Purchased a 1 year insurance policy, $1,200. A. Prepaid Insurance 1,200 Cash 1,200 B. Insurance Expense 1,200 Cash 1,200 OC. Prepaid Insurance 1,200 Accounts Payable 1,200 D. Insurance Expense 1,200 Accounts Payable 1,200 QUESTION 28 2 p Select the entry to record the following transaction:Paid the secretary, $350; O A. Cash 350 Salaries Expense 350 B. Salaries Expense 350 Cash 350 C. Salaries Payable 350 cash 350 D. Cash 350 Salaries Payable 350
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