Question 6 10 PC The entry to record revenue on account decreases equity B none of the above increases liabilities. D) decreases assets Question 7 10 Points Which of the following account is not dosed at the end of the accounting period? A Dividends B) Service Revenue Retained Earnings 0 Operating expenses Question 8 10 P Commary collected cash on an account receive that was due bonit.com any in this for which of the A companys total assets would not change Question 9 10 Points On April 1. Flavin Co. paid $12.000 cash for an insurance policy that provides coverage for one year beginning immediately. On December 31, Flavin adjusted the books to recognize the amount of the insurance policy used during the year. The amount of the adjustment would be $8,000 B) 50 $9,000 D) 512,000 Question 10 Points Use the following Information to answer the next two questions, accompany received 59.900 cash on February 1.2019, from xyz Company as advance payment for services Bac promised to perform for XYZ over the next three years on a continuous basis. Assume that BBC Company year end is December 12. Onits 2015 come statement BBC would report revence of A 53100 B5750 C) 13.025 D5500 comment Question 11