Which of the Following Adjusting Entries Would Not Be Reversed

question 8

Multiple Choice

Which of the following adjusting entries would not be reversed in the following accounting period?

• A)an entry that recognized an accrued expense of the current period
• B)an entry that allocated the expired portion of a long-lived asset to the current year's income statement
• C)an entry that transferred a portion of a revenue account to a liability account
• D)an entry that recognized an accrued revenue earned during the current period

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Definitions:

Contact Dermatitis

A skin reaction resulting from exposure to allergens or irritants.

Corticosteroids

A class of steroid hormones that are produced in the adrenal cortex and are used in medicine to reduce inflammation and suppress the immune system.

Inflammation

A biological response to stimuli interpreted as harmful, leading to redness, swelling, heat, and pain in the affected tissues.

Varicose Veins

Distended veins that result when vein valves are destroyed and blood pools in the veins, causing these veins to dilate.