Which of the Following Accounts Is Most Likely to Be

question 37

Multiple Choice

Which of the following accounts is most likely to be associated with an accrued expense?

• A) Depreciation expense
• B) Salaries Payable
• C) Unearned revenue
• D) Accounts receivable
• E) Service revenue

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Definitions:

Legal process

The procedures and activities involved in enforcing the law, including litigation, arbitration, and mediation.

Remarriage

Entering into a new marriage after being divorced or widowed from a previous spouse.

Psychic remarriage

The emotional process of committing to a new partner after emotional detachment from a previous one, without a formal marriage.

Personal ties

Relationships between individuals that are based on emotional bonds, shared experiences, or mutual interests.