credit to a(n) _________ account is required as part of an adjusting entry when an accrued expense was initially recorded as an expense.
A) contra liability
B) unearned revenue
C) liability
D) revenue

Question

Quizplus · Accepted Answer

When an accrued expense was initially recorded as an expense, a credit to a liability account is required as part of an adjusting entry to recognize the obligation to pay the expense in the future.

Credit to A(n) _________ Account Is Required as Part of an Adjusting