Write the Correct Pronoun in the Blank

question 524

Short Answer

Write the correct pronoun in the blank. Were Tom and (we, us) selected to participate in the experiment?

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Definitions:

Adjusting Entries

Journal entries made in accounting to update the records for expenses and revenues that have accrued but are not yet recorded.

Internal Transactions

Transactions that occur within a company, affecting its internal accounts without involving an external party.

External Transactions

Financial transactions that involve parties outside of the company, impacting the company's financial statements.

Accrual Basis Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash is received or paid.