Which of the Following Adjusting Entries Would Be the Most $\begin{array}{ll}\text { Depreciation Expense } & 2,000 \\\text { Accumulated Depreciation } & 2,000\end{array}$

question 37

Multiple Choice

Which of the following adjusting entries would be the most likely to be reversed?

• A)
• \(\begin{array}{ll}
• \text { Depreciation Expense } & 2,000 \\
• \text { Accumulated Depreciation } & 2,000
• \end{array}\)
• B)
• Unearned Rent \( \quad 600 \)
• Rent Revenue \( \quad 600 \)
• C)
• \(\begin{array}{cc}
• \text { Insurance Expense } & 200 \\
• \text { Prepaid Insurance } & 200
• \end{array}\)
• D)
• \(\begin{array}{lr}
• \text { Income Tax Expense } & 450 \\
• \text { Income Taxes Payable } &
• \end{array}\)

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Definitions:

Drill Bits

Tools used for creating cylindrical holes, often seen in various sizes and made from different materials suitable for specific drilling needs.

Assembly Area

A specific section in a manufacturing facility where components are put together to form the final product.

Materials Requisition

A document used in the manufacturing process to request the transfer of materials from the storeroom to the production floor.

Storeroom

A storeroom is a room or space used to store supplies, materials, or equipment, typically in a business or institutional setting, ensuring items are organized and readily available when needed.