Examlex
Which of the following statements about 8-year-old Aja is most likely true?
Credit
An accounting entry that increases a liability or equity account or decreases an asset or expense account.
Unearned Rent
Income received by an entity for rent that has not yet been earned, typically because the period of tenancy has not yet occurred.
Accounts Payable
Liability accounts listing the amounts a company owes to suppliers for goods or services received on credit.
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