If a Company Has Earned Revenue for Which No Entry

question 13

Multiple Choice

If a company has earned revenue for which no entry has been recorded by the end of the accounting period,an adjustment should be made which would:

• A) debit an asset account and credit a revenue account.
• B) debit an expense account and credit cash.
• C) debit a revenue account and credit an asset account.
• D) debit an asset account and credit an expense account.

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Definitions:

White Sucker Fish

A species of fresh-water fish (Catostomus commersonii), commonly found in North America, characterized by its elongated body and downturned mouth.

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A state located in the western United States, known for its diverse landscape of arid desert, river canyons, and the snow-covered Rocky Mountains.

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The combination or arrangement of parts or elements that make up a whole, often used in the context of chemical composition or the structural makeup of an object or substance.

Forensic Science

The application of scientific methods and techniques to the investigation of crimes and legal issues.