Chapter 3 Hand-out Assignment Question 1 One part of an adjusting entry is given below:...
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Accounting
Chapter 3 Hand-out Assignment Question 1 One part of an adjusting entry is given below: 1. Unearned Revenue is debited. 2. Prepaid Rent is credited. 3. Accounts Receivable is debited. 4. Depreciation Expense is debited. 5. Utilities Expense is debited. (give two possible debit accounts). 6. Interest Payable is credited. 7. Service Revenue is credited (give two possible debit accounts). 8. Interest Receivable is debited. Instructions Indicate the account title for the other part of the entry
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