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Select with a True or False Whether or Not Each

Question 123

Matching

Select with a True or False whether or not each of the following accounts would, under normal circumstances, require an adjusting entry.

Premises:

Responses:

Equipment

True

Depreciation Expense

False

Accounts Payable

Accumulated Depreciation

Prepaid Expenses

Cash

Premises:

Equipment

Depreciation Expense

Accounts Payable

Accumulated Depreciation

Prepaid Expenses

Cash

Responses:

True

False

Correct Answer:

Premises:

Responses:

Equipment

Depreciation Expense

Accounts Payable

Accumulated Depreciation

Prepaid Expenses

Cash

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