Question: Match each definition with its related term by entering the appropriate letter in the spaceprovided. Definition Term (1) At year-end, service revenue of $1,000 was

Match each definition with its related term by entering the appropriate letter in the spaceprovided.

Match each definition with its related term by entering the

Definition Term (1) At year-end, service revenue of $1,000 was collected in A Accrued expense B. Prepaid expense (2) Interest of $550 on a note receivable was earned at year- C.Accrued revenue cash but was not yet earned. end, although collection of the interest is not due until D. Unearned revenue the following year. and $100 of them remained on hand (unused) at year-end recorded or paid. (3) Office supplies were purchased during the year for $700, (4) At year-end, wages payable of $5.600 had not been

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