An Adjusting Entry Always Affects

question 108

Multiple Choice

An adjusting entry always affects

• A) balance sheet accounts only.
• B) income statement accounts only.
• C) an income statement account and a balance sheet account.
• D) either a balance sheet account or an income statement account but not both.

---

Definitions:

Recall

The ability to remember previously experienced events or information, often measured in psychological tests or assessments.

Semantic Meaning

The meaning or interpretation of a word, phrase, sentence, or text, in terms of the relationships between the symbols and what they represent.

Virile Men

Refers to men possessing qualities traditionally associated with masculinity, such as strength, vigor, and a robust sexuality.

Sports Cars

High-performance automobiles designed with greater emphasis on speed, handling, and aesthetics, often considered symbols of status and style.