Question
The balance in Unearned Revenues prior to adjustment was $3,650. If the amount still unearned as of the end of the period is $1,900 ?
The balance in Unearned Revenues prior to adjustment was $3,650. If the amount still unearned as of the end of the period is $1,900?, the adjusting entry needed would be? to:
A.
debit Unearned Service? Revenue,
$1,750?;
credit Service? Revenue,
$1,750.
B.
debit? Cash,
$3,650?;
credit Unearned Service? Revenue,
$3,650.
C.
debit Service? Revenue,
$1,750?;
credit Unearned Service? Revenue,
$1,750.
D.
debit Unearned Service? Revenue,
$1,900?;
credit Service? Revenue,
$1,900.
Of the? following, which is NOT classified as an investing activity on the Statement of Cash? Flows?
A.
Selling goods and services
B.
Collecting the principal on loans
C.
Purchasing land
D.
Sale of equipment for cash
38) The balance in Unearned Revenues prior to adjustment was $3,650. If the amount still unearned as of the end of the period is $1,900, the adjusting entry needed would be to: A. debit Unearned Service Revenue, $1,750; credit Service Revenue, $1,750. B. debit Cash, $3,650; credit Unearned Service Revenue, $3,650. C. debit Service Revenue, $1,750; credit Unearned Service Revenue, $1,750. D. debit Unearned Service Revenue, $1,900; credit Service Revenue, $1,900. 39) Of the following, which is NOT classified as an investing activity on the Statement of Cash Flows? A. Selling goods and services B. Collecting the principal on loans C. Purchasing land D. Sale of equipment for cash
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