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QUESTION 9 What is the adjusting entry for Uneamed revenues? O A. Debit Revenues, Credit: Liabilities O B. Debit Liabilities: Credit: Revenues O c Debit:
QUESTION 9 What is the adjusting entry for Uneamed revenues? O A. Debit Revenues, Credit: Liabilities O B. Debit Liabilities: Credit: Revenues O c Debit: Revenues, Credit Assets OD. Debit: Assets, Credit: Revenues QUESTION 10 The owners of a general partnership O A. are called stockholders. OB. All answers are correct Care subject to double taxation OD. have unlimited liability QUESTION 11 Moda, Capital account has a credit balance of 356,300 before closing entries are made Total revenue for the period 573,100. to cope ww 541,800, and withdrawals are $12,600. What is the correct closing entry for the revenue accounts O A Debit Revenue accounts 556,300; credit Moda, Capital 556,300 O B. Debit Revenue accounts $73,100, credit Income Summary 573.100 O C. Debit Income Summary $56,300, credit Moda, Capital $56,300 O D. Debit Revenue accounts $73,100; credit Moda, Capital 556,300
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