Which is an asset source transaction

Assignment Help Financial Accounting

Reference no: EM131214397

What would NOT appear on balance sheet

unearned revenue

Salaries payable

Interest revenue

Retained earning

Which is an asset source transaction

Issue common stock

Paid cash dividend to stockholders

Received a payment on account receivable

Accrued salary expense

Entry to recognize depreciation expense incurred on equipment

Increase in assets

Increase in liabilities

Decrease in assets

Decrease in liabilities

Which would not require an end of the year adjusting entry

Purchasing supplies for cash

Providing services on account

Purchasing a 12 month insurance policy

All of the above

Reference no: EM131214397

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