If an Adjusting Entry Is Not Made for an Accrued

question 4

Multiple Choice

If an adjusting entry is not made for an accrued expense

• A) expenses will be overstated.
• B) liabilities will be understated.
• C) net income will be understated.
• D) owner's equity will be understated.

---

Definitions:

Paper Coverings

Disposable sheets or covers, often used in medical settings to maintain hygiene and prevent cross-contamination.

Body Fluids

Liquids within humans and other living organisms that include blood, saliva, semen, and lymph, responsible for transporting nutrients, oxygen, and waste products.

Germicidal Soap

A type of soap containing agents that kill germs and bacteria, commonly used in healthcare settings to prevent infection.

Household Bleach

A common cleaning and disinfecting agent made primarily of sodium hypochlorite, used in homes to sanitize surfaces and fabrics.