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Indicate whether each of the following would be reported in the financial statements as a (a) current asset, (b) current liability, (c) revenue, or (d) expense: 1. supplies 2. unearned fees 3. prepaid advertising 4. advertising expense 5. supplies expense 6. prepaid insurance 7. accounts payable 8. fees earned
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Indicate whether each of the following would be reported in the financial statements as a (a) curren...
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