A.prepaid expense
B.unearned revenue
C.accrued expenses
D.accrued revenues
E.deferred revenue
A、Items that require contra accounts.
B、Items that require adjusting entries.
C、Asset and equity.
D、Asset accounts.
E、Income statement accounts.
A、Revenues that have been earned and received in cash.
B、Revenues that have been earned but not yet collected in cash.
C、Liabilities created when a customer pays in advance for products or services before the revenue is earned.
D、Recorded as an asset in the accounting records.
E、Increases to owners' capital
A、Debit Sales, credit Unearned Revenue.
B、Debit Unearned Revenue, credit Sales.
C、Debit Cash, credit Unearned Revenue.
D、Debit Unearned Revenue, credit Cash.
E、Debit Cash, credit Revenue.
A、prepaid accounts
B、accounts payable
C、notes payable
D、unearned revenue
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