Which of the Following Statements About Adjusting Entries Is True

question 83

Multiple Choice

Which of the following statements about adjusting entries is true?

• A)Adjusting entries may involve the cash account.
• B)Adjusting entries are required whenever the accounting records are updated.
• C)Adjusting entries always involve an expense account.
• D)Adjusting entries always include at least one balance sheet account and one income statement account.

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Definitions:

Trachea

The windpipe, a tube that connects the larynx to the bronchi of the lungs.

Pharynx

A muscular tube that connects the mouth and nasal passages with the esophagus and larynx, serving both respiratory and digestive functions.

Larynx

The voice box located in the neck that contains the vocal cords; involved in breathing, producing sound, and protecting the trachea.

Epiglottis

A flap of cartilage located at the base of the tongue that prevents food and drink from entering the windpipe during swallowing.