Which of the Following Is an Example of an Adjusting

question 24

Multiple Choice

Which of the following is an example of an adjusting entry?

• A)Collecting cash owing from a customer.
• B)Paying interest expense on a loan.
• C)Buying supplies on credit.
• D)Recognizing the expired portion of prepaid rent.

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Definitions:

Articulates

To articulate means to form a joint or to connect in a manner that allows for movement between different bones or parts.

Calcaneus

The large bone forming the heel of the foot, playing a critical role in walking, running, and jumping by serving as an important lever arm.

Phalanges

The bones of the fingers and toes in human and many other animals, playing key roles in movement and manipulation.

Metatarsals

The long bones in the foot that connect the ankle to the toes, important for walking and balance.