1/81,Howdowerecordedaliabilitycreatedbythereceiptofcashfromcustomersinpaymentforproductsorservicesthathavenotyetbeendeliveredtothecustomers
A,recordedasadebittoanunearnedrevenueaccountB,recordedasadebittoaprepaidexpenseaccountC,recordedasacredittoanunearnedrevenueaccountD,recordedasacredittoaprepaidexpenseaccount
c3,duringthemonthofFebruary,HalCompanyhadcashreceiptof6500andcashdisbursementof8000
TheFebruary28cashbalancewas4300
Whatwasthebeginning(February1)cashbalance
A,1500B,2800C,5800D,7300X+6500-8000=4300X=5800C4,Aimesopenedanewbusinessbyinvestingthefollowingassets:cash4000;land20000;building80000
Also,thebusinesswillassumeresponsibilityforanotepayableof32000
Aimessignedthenoteaspartofhispaymentforthelandandbuilding
Whichjournalentryshouldbeusedonthebooksofthenewbusinesstorecordtheinves