An entry that reflects the using up of a portion of a fixed asset's value would be a(n) entry.
A) prepaid expense
B) depreciation
C) accrued expense
D) accrued revenue
Correct Answer:
Verified
Q45: Unearned revenue would be classified as a(n)account.
A)equity
B)asset
C)liability
D)revenue
Q46: The entry to record depreciation includes a
Q47: Accrued revenue is revenue that:
A)will be collected
Q48: An adjusting entry that credits Salaries payable
Q49: An adjusting entry that debits Accounts receivable
Q51: Robert Rogers, CPA performed accounting services for
Q52: Unearned revenue is revenue that:
A)has been collected
Q53: The accountant for Noble Jewellery Repair Services
Q54: If an adjusting entry includes a debit
Q55: Which of the following accounts would NOT
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