An Adjusting Entry Should Never Include

question 119

Multiple Choice

An adjusting entry should never include

• A) a debit to an expense account and a credit to a liability account.
• B) a debit to an expense account and a credit to a revenue account.
• C) a debit to a liability account and a credit to revenue account.
• D) a debit to a revenue account and a credit to a liability account.

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Definitions:

Type B

Describes a personality typology characterized by a relaxed, patient, and easy-going nature.

Type A

Refers to a personality type characterized by high levels of competitiveness, self-imposed stress, and a sense of urgency, often linked with stress-related health issues.

Mindfulness Meditation

A practice focusing on present moment awareness, often used for stress reduction and to develop a deeper awareness of thoughts and emotions.

Current Experiences

Refers to the events or interactions that an individual is presently undergoing or encountering.