Adjusting Entries That Should Be Reversed Include Those for Prepaid

question 84

Multiple Choice

Adjusting entries that should be reversed include those for prepaid or unearned items that

• A) create an asset or a liability account.
• B) were originally entered in a revenue or expense account.
• C) were originally entered in an asset or liability account.
• D) create an asset or a liability account and were originally entered in a revenue or expense account.

---

Definitions:

S-Waves

Secondary or shear waves in seismology, a type of elastic wave that shakes the ground perpendicular to the direction of wave propagation and only travels through solids.

Continental Rifting

The process by which the Earth's crust stretches, breaks, and eventually forms a new ocean basin, often associated with divergent plate boundaries.

Transform Faults

A type of fault where two tectonic plates slide past each other horizontally, commonly found at the boundaries of tectonic plates.

Intrusions

Geological features formed when magma cools and solidifies before reaching the surface, creating bodies of igneous rock.