Which of the Following Does Not Correctly Describe an Adjusting

question 2

Multiple Choice

Which of the following does not correctly describe an adjusting journal entry that debits depreciation expense and credits accumulated depreciation?

• A)The entry increases expenses and increases assets.
• B)The entry decreases net income and decreases assets.
• C)The entry increases expenses and decreases retained earnings.
• D)The entry decreases assets and decreases net income.

---

Definitions:

Lactose Sensitivity

A condition where the body reacts negatively to lactose due to a deficiency in lactase, an enzyme needed to digest lactose.

Dietary Need

The specific nutritional requirements necessary for health maintenance or improvement.

Fiber-rich

Refers to foods that have a high content of dietary fiber, which is beneficial for digestive health, and can aid in maintaining a healthy weight and lowering the risk of various diseases.