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One Part of an Adjusting Entry Is Given Below

question 79

Essay

One part of an adjusting entry is given below.
1. Unearned Revenue is debited.
2. Prepaid Rent is credited.
3. Accounts Receivable is debited.
4. Depreciation Expense is debited.
5. Utilities Expense is debited.
6. Interest Payable is credited.
7. Service Revenue is credited (give two possible debit accounts).
8. Interest Receivable is debited.
Instructions
Indicate the account title for the other part of the entry.


Definitions:

Extroverts

Individuals who are outgoing, sociable, and often derive energy from interactions with others.

Celibacy

The state of abstaining from marriage and sexual relations, often for religious or spiritual reasons.

Lucrative Job

A job or employment that is highly profitable and provides a significant financial return or benefit.

Monogamy

A relationship model where an individual has only one partner during their lifetime or at any one time.

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