Which of the following adjusting journal entries is created as the result of an accrual?

Question

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An accrual is an adjustment made to recognize revenue or expenses that have been earned or incurred but have not yet been recorded. Option A is a typical example of an accrual adjusting entry, which recognizes accrued wages expense. Options B, C, and D are examples of other types of adjusting entries, such as prepaid expenses, depreciation, and unearned revenue.

Which of the Following Adjusting Journal Entries Is Created as the Result