Type of adjustment Classify the following items as (1) accrued revenue, (2) accrued expense,...
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Accounting
Type of adjustment Classify the following items as accrued revenue, accrued expense, unearned revenue, or prepaid expense: Line Item Description Classification a Cash paid for future rent of office space b Fees received for future services to be performed c Wages owed but not yet paid d Services rendered for cash to be received
Type of adjustment
Classify the following items as accrued revenue, accrued expense, unearned revenue, or prepaid expense:
Line Item Description Classification
a Cash paid for future rent of office space
b Fees received for future services to be performed
c Wages owed but not yet paid
d Services rendered for cash to be received
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