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Name: Which of the following describes the classification and normal balance
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Description: Which of the following describes the classification and normal balance of the unearned fees account?Select one:a. Owner's equity, debitb. Liability, creditc. Liability, creditd. Asset, credit

Business

Accounting

Which of the following describes the classification and normal balance of the unearned fees account? Select one: a. Owner's equity, debit b. Liability, credit c. Liability, credit d. Asset, credit

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter4: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 3QY: On the work sheet, assets are recorded in which of the following columns? a. Trial Balance, Credit...

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