A Reversing Entry Should Never Be Made for an Adjusting

question 65

Multiple Choice

A reversing entry should never be made for an adjusting entry that

• A) accrues unrecorded revenue.
• B) adjusts expired costs from an asset account to an expense account.
• C) accrues unrecorded expenses.
• D) adjusts unexpired costs from an expense account to an asset account.

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Definitions:

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The study of how an individual’s behavior changes when they are part of a crowd, often influenced by the crowd's size, purpose, and emotional state.

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An innate, typically fixed pattern of behavior in animals in response to certain stimuli.

Neil Smelser

A renowned sociologist known for his work on collective behavior, social change, and the sociology of education among other fields.

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