Quiz 4: Adjustments,financial Statements,and the Quality of Earnings
Which of the Following Accounts Is Used to Record an Accrual
Which of the following accounts is used to record an accrual for expenses? A)Prepaid rent. B)Unearned revenues. C)Accounts receivable. D)Interest payable.
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Which of the following journal entries is used to record a deferral? A)
Which of the following journal entries would not be used to record a deferral? A)
Which of the following accounts is used to initially record a deferral? A)Interest payable. B)Interest revenue. C)Supplies. D)Supplies expense.
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