Which of the following adjusting journal entries is created as the result of an accrual? A. Salaries expense
$\quad$Salaries payable
B. Depreciation expense
$\quad$Accumulated depreciation
C. Prepaid Rent
$\quad$Rent expense
D. Accounts receivable
$\quad$Unearned revenue

Question

Quizplus · Accepted Answer

Accruals involve recording expenses or revenues that have been incurred or earned but not yet paid or received in cash. Option A records salaries that have been earned by employees but not yet paid, which is an example of an accrual.

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