Which Adjustment Would Never Require a Reversing Entry

question 62

Multiple Choice

Which adjustment would never require a reversing entry?

• A) Accrued revenue
• B) Accrued expense
• C) Prepaid income (cash received originally recorded in an income account)
• D) Depreciation

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Definitions:

Child Development

The study of the psychological, biological, and emotional changes that occur in human beings between birth and the end of adolescence, as the individual progresses from dependency to increasing autonomy.

Gilligan's Critique

Carol Gilligan's response to Lawrence Kohlberg's theory of moral development, arguing that it was gender-biased and did not adequately address the morality of care and relationships, primarily involving women.

Kohlberg's Research

Studies conducted by psychologist Lawrence Kohlberg focusing on the development of moral reasoning in individuals, proposing a stage theory of moral development.

Moral Reasoning

The process by which individuals make decisions about what is right and wrong, typically influenced by cultural, societal, and personal values and ethics.