Which of the Following Accounts Would Be Used Under the Accrual

question 23

Multiple Choice

Which of the following accounts would be used under the accrual basis of accounting, but not under the cash-basis of accounting?

• A)cash
• B)unearned revenue
• C)equipment
• D)salary expense

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Definitions:

Labor Workers

Individuals engaged in physical or manual work, often in industries such as manufacturing, construction, and services.

Northwest Europe

A geographic region comprising the northwestern countries of Europe, often including the United Kingdom, Ireland, the Low Countries, Scandinavia, and sometimes parts of France and Germany.

Immigrants

Individuals who move to a different country from their country of origin, typically for reasons such as employment, better living conditions, or escape from conflict.

Chinese Markets

Refers to the various commercial sectors and trading environments within China, including both traditional markets and modern trade platforms.