Fill in the blank associated with each adjusting entry: a. Prepaid expense: Debit Supplies Expense; credit _________

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Fill in the blank associated with each adjusting entry:

a. Prepaid expense: Debit Supplies Expense; credit _________ .

b. Unearned revenue: Debit _________; credit Service Revenue.

c. Accrued expense: Debit _________; credit Salaries Payable.

d. Accrued revenue: Debit Accounts Receivable; credit _________.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 03:29 AM

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Fill in the blank associated with each adjusting entry: a. Prepaid expense: Debit Supplies Expense; credit _________

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Financial Accounting

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