Matching
Classify the following items
Premises:
Fees received but not yet earned.
Fees earned but not yet received.
Paid premium on a one-year insurance policy.
Property tax accrual
Responses:
prepaid expense
unearned revenue
accrued expense
accrued revenue
Correct Answer:
Premises:
Responses:
Fees received but not yet earned.
Fees earned but not yet received.
Paid premium on a one-year insurance policy.
Property tax accrual
Premises:
Fees received but not yet earned.
Fees earned but not yet received.
Paid premium on a one-year insurance policy.
Property tax accrual
Responses:
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