Match the Following Types of Adjusting Entries to the Listed

question 130

Multiple Choice

Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Depreciation on a building is recorded

• A)a deferred (prepaid) expense
• B)a deferred (unearned) revenue
• C)an accrued expense
• D)an accrued revenue

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Definitions:

Tackle

To confront or take on a challenge or issue directly.

Increase Efficiency

The process of improving the capability of performing tasks or activities with the minimal amount of waste, effort, or inefficiency.

Prime Time

The period during a television broadcast schedule when the largest number of viewers are watching, typically in the evening.

Plan Activities

The process of organizing tasks, events, or actions that are intended to be carried out.