Which of These Accounts Would Normally Not Be Affected by an Adjustment

question 108

Multiple Choice

Which of these accounts would normally not be affected by an adjustment?

• A)Supplies.
• B)Revenues.
• C)Expenses.
• D)Cash.

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Definitions:

Tying Arrangement

Illegal agreement in which the sale of one product is tied to the sale of another.

Antitrust Laws

Legislation enacted to promote competition and prevent monopolies by regulating anti-competitive business practices.

Scuba Gear

Equipment used for underwater diving that allows a diver to breathe underwater, typically including items such as a mask, fins, regulator, and an air tank.

Sherman Act

A landmark federal statute in the field of antitrust law in the United States that prohibits monopolistic practices and promotes competition.