Accounting MCQ Accounting Chapter 9 Deferred revenues of $24,000 were received and properly recorded and entered in the ledger of the company. At the end of the accounting period, one-fourth of the deferred revenue had been earned, but unrecorded. The adjusting entry will require a:

Deferred revenues of $24,000 were received and properly recorded and entered in the ledger of the company. At the end of the accounting period, one-fourth of the deferred revenue had been earned, but unrecorded. The adjusting entry will require a:

Naim 22:40 Accounting Chapter 9

Deferred revenues of $24,000 were received and properly recorded and entered in the ledger of the company. At the end of the accounting period, one-fourth of the deferred revenue had been earned, but unrecorded. The adjusting entry will require a:

A) a debit to Unearned Revenues and a credit to Revenues for $6,000.
B) a debit to Unearned Revenues and a credit to Cash for $6,000.
C) a debit to Unearned Revenues and a credit to Accounts Payable for $6,000.
D) a debit to Cash and credit to Revenues for $6,000.

Answer: A

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Accounting MCQ

Deferred revenues of $24,000 were received and properly recorded and entered in the ledger of the company. At the end of the accounting period, one-fourth of the deferred revenue had been earned, but unrecorded. The adjusting entry will require a:

Deferred revenues of $24,000 were received and properly recorded and entered in the ledger of the company. At the end of the accounting period, one-fourth of the deferred revenue had been earned, but unrecorded. The adjusting entry will require a:

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