Examples of adjusting for asset expirations include the write-offs to expense of such assets as Office Supplies and Prepaid Insurance.

Name: Examples of adjusting for asset expirations include the write-offs to expense of such assets as Office Supplies and Prepaid Insurance.
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Adjusting for asset expirations involves recognizing the expiration of an asset and writing it off to expense. This is commonly done with assets such as office supplies and prepaid insurance. Therefore, the statement is true.

Examples of Adjusting for Asset Expirations Include the Write-Offs to Expense