Gold Services sells travel insurance policies. The price for each insurance policy is $50, paid in...
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Gold Services sells travel insurance policies. The price for each insurance policy is $50, paid in advance. During October of the current year, ten travel insurance policies were sold for cash. The journal entry would be: OA. Unearned Revenue Cash OB. Cash Service Revenue OC. Unearned Revenue Service Revenue OD. Cash Unearned Revenue 4 500 500 500 500 500 500 500 500 *** Gold Services sells travel insurance policies. The price for each insurance policy is $50, paid in advance. During October of the current year, ten travel insurance policies were sold for cash. The journal entry would be: OA. Unearned Revenue Cash OB. Cash Service Revenue OC. Unearned Revenue Service Revenue OD. Cash Unearned Revenue 4 500 500 500 500 500 500 500 500 ***
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
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