ACC120 Final: sm02 Answers 1
Document Summary
Account: prepaid insurance, accounts payable, land, service revenue, utilities expense, owner"s capital, equipment, salaries expense, supplies, unearned revenue. Type of account (a: accounts receivable, rent expense, b. damji, drawings, supplies, unearned revenue, service revenue, prepaid insurance, notes payable. Brief exercise 2-5: accounts payable, supplies, j. takamoto, capital, j. takamoto, drawings, prepaid rent, utilities expense, service revenue, unearned revenue (a) Brief exercise 2-6: increase in d. parmelee, capital, decrease in cash (a) (b) Equity: increase in d. parmelee, drawings, increase in equipment. The asset account cash is decreased by . The asset account supplies is increased by . The asset account accounts receivable is increased by ,020. The liability account accounts payable is increased by ,230. The expense account utilities expense is increased by . The asset account cash is increased by . The revenue account service revenue is increased by. The asset account cash is increased by ,100. The liability account unearned revenue is increased by ,100.
