Adjusting Entries

question 161

Multiple Choice

Adjusting entries

• A) Affect only income statement accounts
• B) Affect only balance sheet accounts
• C) Affect both income statement and balance sheet accounts
• D) Affect only statement of cash flows accounts
• E) Affect only equity accounts

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Definitions:

Check Box

A graphical interface element that allows the user to make a binary choice, typically yes/no or true/false.

Option Group

A selection control interface element that allows users to choose one item from a list of two or more options.

Option Button

A graphical control element that allows the user to make a single choice within a range of options, typically represented as a radio button.

Align Button

A tool in word processors and graphic design software for aligning text or objects on a page.