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One Part of an Adjusting Entry Is Given Below

Question 145

Essay

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.
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.

Correct Answer:

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1. Service Revenue
2. Rent Exp...

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