At the End of the Year,accrual Adjustments Could Include A

question 185

Multiple Choice

At the end of the year,accrual adjustments could include a:

• A) debit to an expense and a credit to an asset.
• B) credit to a revenue and a debit to an expense.
• C) debit to cash and a credit to Common Stock.
• D) debit to an expense and a credit to a liability.

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Definitions:

Personality Trait

A characteristic way of thinking, feeling, and behaving that is consistent over time and across situations.

Everyday Intuitions

The unconscious, quick judgments and decisions that people make daily without deliberate analytical thought.

Personality Consistency

The degree to which an individual's personality traits remain stable over time and across different situations.

Openness

In psychology, one of the Big Five personality traits, characterized by appreciation for art, emotion, adventure, unusual ideas, and curiosity.