Classify the following items as (1) Prepaid expense, (2) Unearned revenue, (3) Accrued revenue, or (4) Accrued

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Classify the following items as
(1) Prepaid expense,
(2) Unearned revenue,
(3) Accrued revenue, or
(4) Accrued expense.
(a) Cash received for services not yet
(b) Insurance paid
(c) Rent revenue earned but not rendered received
(d) Salaries owed but not yet paid


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Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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