Which of the Following Accounts Would Be Used Under the Accrual

question 14

Multiple Choice

Which of the following accounts would be used under the accrual method of accounting,but NOT under the cash-basis method of accounting.

• A) Cash
• B) Unearned revenue
• C) Equipment
• D) Salary expense

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Definitions:

Fluorobenzene

A halogenated benzene derivative with a chemical formula C6H5F, often utilized as an intermediate in organic synthesis.

Benzene

A cyclic hydrocarbon with the formula C6H6, recognized for its aromatic properties and widespread use as a starting point in the manufacture of numerous chemicals.

3-bromotoluene

3-bromotoluene is a brominated aromatic compound with a bromine atom attached to the third position of a toluene molecule.

Toluene

A colorless, water-insoluble liquid hydrocarbon with the chemical formula \(C_7H_8\), used as an industrial solvent and precursor in chemical synthesis.