Which of the following accounts would appear in the income statement credit column?
A) Service Revenue
B) Prepaid Insurance
C) Unearned Revenue
D) Depreciation Expense
A
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false
The use of first-person pronouns (I or we) are generally acceptable in a formal report
Indicate whether the statement is true or false
Some trees were cut down and made into lumber, and the lumber was used to build a house
What type of property were the trees while growing, as lumber, and as part of the house, respectively? A) Personal, personal, real B) Real, personal, real C) Personal, real, real D) Real, real, personal E) Real, real, real