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Question 45 Not yet answered Marked out of 1 P Flag question Business received an advance of OMR 600, on 1st October 2018 from a
Question 45 Not yet answered Marked out of 1 P Flag question Business received an advance of OMR 600, on 1st October 2018 from a customer for service to be delivered in one year. What would be the adjusting entry required for the Unearned Revenue on 31st December 2018? a. Debit Unearned Revenue OMR 450 Credit Service Revenue OMR 450 b. Debit Unearned Revenue OMR 150 Credit Service Revenue OMR150 c. None of these d. Debit Unearned Revenue OMR 600 Credit Service Revenue OMR 600
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
8th Edition
0073379417, 978-0073379418
