QUESTION 1 account. The adjusting entry to record expired (used) insurance includes a debit to...
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Accounting
QUESTION 1 account. The adjusting entry to record expired (used) insurance includes a debit to the insurance expense accounts payable prepaid insurance unearned insurance QUESTION 2 account. The adjusting entry to record rent collected in advance that has now been earned includes a debit to the rent revenue accounts receivable unearned rent revenue cash QUESTION 3 account. The adjusting entry to record supplies used includes a credit to the supplies supplies expense cash accounts payable
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