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Which of the Following Adjusting Entries Would Be the Most

Question 88

Multiple Choice

Which of the following adjusting entries would be the most likely to be reversed?


A) Depreciation Expense 1,500 Accumulated Depreciation 1,500
B) Unearned Rent 700 Rent Revenue 700
C) Insurance Expense 800 Prepaid Insurance 800
D) Income Tax Expense 950 Income Taxes Payable 950

Correct Answer:

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