"Unearned Fees" Appears on The

question 90

Multiple Choice

"Unearned fees" appears on the:

• A)adjusted trial balance debit column and income statement credit column of a worksheet.
• B)adjusted trial balance debit column and balance sheet credit column of a worksheet.
• C)balance sheet credit column and adjusted trial balance credit column of a worksheet.
• D)"Unearned fees" does not appear on a worksheet.

---

Definitions:

Property, Plant, Equipment

Property, plant, and equipment (PP&E) are long-term tangible assets that are used in the operations of a business and are subject to depreciation.

Disposal

The process of disposing an asset by selling, exchanging, retiring it, or by destroying it.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money or other consideration.

Exchange

Exchange involves the act of trading goods, services, currencies, or other instruments between parties.