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Insert the Appropriate Letter into the Correct Blank to Describe

Question 109

Short Answer

Insert the appropriate letter into the correct blank to describe the type of adjustment required at the end of April and the effect it has on expenses or revenues and assets or liabilities.
 Anjernent tyee  Dffect an Account  A Accrual  E. Reverue rises and asset rises.  D. Deferal  F. Expense rises and asset falls.  G. Reverue rises and liability falls.  H. Expense rises ard liability rises. \begin{array} { | l | l | } \hline \text { Anjernent tyee } & \text { Dffect an Account } \\\hline \text { A Accrual } & \text { E. Reverue rises and asset rises. } \\\hline \text { D. Deferal } & \text { F. Expense rises and asset falls. } \\\hline & \text { G. Reverue rises and liability falls. } \\\hline & \text { H. Expense rises ard liability rises. } \\\hline\end{array}  Insert the appropriate letter into the correct blank to describe the type of adjustment required at the end of April and the effect it has on expenses or revenues and assets or liabilities.   \begin{array} { | l | l | }  \hline \text { Anjernent tyee } & \text { Dffect an Account } \\ \hline \text { A Accrual } & \text { E. Reverue rises and asset rises. } \\ \hline \text { D. Deferal } & \text { F. Expense rises and asset falls. } \\ \hline & \text { G. Reverue rises and liability falls. } \\ \hline & \text { H. Expense rises ard liability rises. } \\ \hline \end{array}

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