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At the End of the Year, Accrual Adjusting Journal Entries

Question 49

Multiple Choice

At the end of the year, accrual adjusting journal entries could include a:


A) debit to an expense and a credit to an asset.
B) credit to a revenue and a debit to an expense.
C) debit to cash and a credit to contributed capital.
D) debit to an expense and a credit to a liability.

Correct Answer:

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