Which of the Following Journal Entries Was Created as the Result

question 135

Multiple Choice

Which of the following journal entries was created as the result of a deferral?

• A) Interest expense
• \( \quad \)\( \quad \)Interest payable
• B) Accounts receivable
• \( \quad \)\( \quad \)Service revenues
• C) Salaries expense
• \( \quad \)\( \quad \)Salaries payable
• D) Cash
• \( \quad \)Unearned revenue

---

Definitions:

Mental Faculties

The cognitive functions of the mind, including perception, reasoning, intuition, and memory.

Mental Defect

A term previously used to describe a variety of mental disabilities or disorders, now considered outdated and insensitive. The modern usage advocates for specific diagnoses or conditions.

Law of Infants

The body of law that deals specifically with minors and their rights, responsibilities, and limitations under the law.

Necessaries

The essential goods or services required to function in society, such as food, clothing, and shelter.