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Scoring: Your score will be based on the number of correct matches. There is no penalty...

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Match the type of account with the business transactions that follow.

Clear All
None of these choices are correct.
Unearned revenue
Prepaid expense
Received six months of rental payments from a tenant.
Annual depreciation on equipment, recorded on a monthly basis.
Paid six months of rental payments to the landlord.

A contract to provide tutoring services beginning next month was signed.

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Received six months of rental payments from a tenant = Unearned Revenue

Annual depreciation on equipment, recorded on a monthly basis = None of the choices are correct

Paid six months of rental payments to the landlord = Prepaid Expenses

A contract to provide tutoring services beginning next month was signed = None of the choices is correct because its not a transaction that can be recorded or adjusted.

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