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Author Question: Wages Payable is an example of a. Unearned Revenues b. Expense c. Liability d. Prepaid ... (Read 30 times)

RODY.ELKHALIL

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on: Jul 6, 2018
Wages Payable is an example of
 a. Unearned Revenues
   b. Expense
   c. Liability
   d. Prepaid Revenue

Question 2

An adjusting entry to record expired or used insurance is
 a. Increase Insurance Expense with a DR
   b. Increase Insurance Expense with a CR
   c. Increase Prepaid Insurance with a CR
   d. Increase Prepaid Insurance with a DR


blakeserpa

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  • Posts: 338
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

a


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