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    ambam00's Avatar
    ambam00 Posts: 2, Reputation: 1
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    #1

    Feb 2, 2009, 09:17 PM
    Adjusting Entries
    Of the following adjusting entries, which one would cause an increase in assets at the end of the period?
    a. The entry to record the earned portion of rent received in advance.
    b. The entry to accrue unrecorded interest expense.
    c. The entry to accrue unrecorded interest revenue.
    d. The entry to record expiration of prepaid insurance
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 3, 2009, 08:09 AM

    C. because Revenue is a receivable to you. You have earned the revenue, but have not received it yet.
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