Recording depreciation expense is an example of an adjusting entry to accrue unpaid expenses resulting from expenses being incurred before cash is paid.

Name: Recording depreciation expense is an example of an adjusting entry to accrue unpaid expenses resulting from expenses being incurred before cash is paid.
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Recording depreciation expense is an example of an adjusting entry for allocating the cost of a tangible asset over its useful life, not for accruing unpaid expenses.

Recording Depreciation Expense Is an Example of an Adjusting Entry