Solution-Prepaid insurance unearned service revenue

Prepaid insurance unearned service revenue

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Reference no: EM131138801

The trial balance of Bair Company includes the following balance sheet accounts. Identify the accounts that may require adjustment. For each account that requires adjustment, indicate

(a) The type of adjusting entry (prepaid expenses, unearned revenues, accrued revenues, and accrued expenses) and

(b) The related account in the adjusting entry.

Accounts Receivable Interest Payable

Prepaid Insurance Unearned Service Revenue

Accumulated Depreciation-Equipment

Reference no: EM131138801

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Prepaid insurance unearned service revenue : The type of adjusting entry (prepaid expenses, unearned revenues, accrued revenues, and accrued expenses) and

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Prepaid insurance unearned service revenue

Reference no: EM131138801

Reference no: EM131138801

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