An Adjusting Entry

question 127

Multiple Choice

An adjusting entry

• A) affects two balance sheet accounts.
• B) affects two income statement accounts.
• C) affects a balance sheet account and an income statement account.
• D) is always a compound entry.

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Definitions:

Behavior

The actions or reactions of an object or organism, usually in relation to the environment.

Physical

Pertains to anything involving the body or physical actions.

Mental Characters

Psychological traits or attributes that define an individual's personality or cognitive profile.

Personality Theory

The study of how individual personality traits are formed, and how they influence behavior and actions.