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SHARJAH HIGHER COLLEGES OF TECHNOLOGY Salem has performed AEDS00 of legel services for a cinsilled the clicat as of he end of the accounting period.

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SHARJAH HIGHER COLLEGES OF TECHNOLOGY Salem has performed AEDS00 of legel services for a cinsilled the clicat as of he end of the accounting period. What aljusting enry mast he make? A. Debit Cash and credit Uncaned Revenue B. Debit Accounts Receivable and credit Unearnod Revenu C. Debit Accounts Receivable and credit Service Reven D. Debit Uacarned Revenue and crodin Service Revense 14. Salem has billed his clients for services performed He subsequently receives payments from his clients. What enery will he make upon receipt of the paymens? A. Debit Usearned Revenue and crodit Service Revenoe B. Debit Cash and credit Accounts Receivable C. Debit Aocounts Receivable and crodit Service Revenue D. Debit Cash and credit Service Revenue 15. Fans Company issued a oseyear, 9%. AED200000 nose on April 30, 2014. Interest expense for the year ended December 31.2014 was A. AEDI8000 B. AED13,500 C AEDI2.000. D. AEDIO,500. 16. A basiness pays wekly salaries of AED20,000 on Thunday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Wednesday is A. debit Salaries Payable, AED16,000 credit Cash, AEDI6,000. B. debit Salaries Expense, AED 16credit Cash. AED 16.000. C. debit Salaries Expease, AEDI6,000; credit Salaries Payable, AEDI6,000 D. debit Salaries Expense, AED4,000 credit Salaries Payable, AED4,000. Page 5 of 7

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