When recording an adjusting entry for unearned revenue, a. an asset account is credited. b....
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Accounting
When recording an adjusting entry for unearned revenue, a. an asset account is credited. b. a liability account is credited. c. a revenue account is debited. d. a liability account is debited. a. credit to Supplies Expense for $1,665. b. credit to Supplies for $1,665. c. debit to Supplies for $605. d. credit to Supplies Expense for $605. An adjustment for unrecorded fees earned was posted during the current period. Which of the following would cause the adjusted trial balance totals to be unequal? a. The adjustment was posted as a debit to Accounts Receivable for $910 and a credit to Fees Earned for $790. b. The adjustment was posted as a debit to Cash and a credit to Fees Earned. c. The adjustment was posted as a debit to Fees Earned and a credit to Accounts Receivable. d. The adjustment was completely omitted
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