The preparation of adjusting entries requires a debit entry to one account and a credit entry to another account. A B a. Insurance Expense 1. Commissions Earned b. Rent Earned 2. Supplies Expense 3. Salaries Expense c. Prepaid Rent d. Interest Payable 4. Unearned Fees 5. Accumulated Depreciation 6. Rent Expense 7. Prepaid Insurance e. Interest Receivable f. Fees Earned g. Unused Supplies h. Unearned Commissions Revenue 8. Interest Earned i. Salaries Payable j. Depreciation Expense 9. Interest Expense 10. Unearned Rent Required: Match each account in column A with the appropriate account in column B.
The preparation of adjusting entries requires a debit entry to one account and a credit entry to another account. A B a. Insurance Expense 1. Commissions Earned b. Rent Earned 2. Supplies Expense 3. Salaries Expense c. Prepaid Rent d. Interest Payable 4. Unearned Fees 5. Accumulated Depreciation 6. Rent Expense 7. Prepaid Insurance e. Interest Receivable f. Fees Earned g. Unused Supplies h. Unearned Commissions Revenue 8. Interest Earned i. Salaries Payable j. Depreciation Expense 9. Interest Expense 10. Unearned Rent Required: Match each account in column A with the appropriate account in column B.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter3: Accrual Accounting
Section: Chapter Questions
Problem 30BE: Brief Exercise 3-30 Identification of Adjusting Entries Examine the following accounts. Prepaid...
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