An Adjusting Journal Entry Contains a Debit to an Expense

question 46

Multiple Choice

An adjusting journal entry contains a debit to an expense account and a credit to an asset account. This is an example of a(n) :

• A)accrued revenue.
• B)deferred revenue.
• C)accrued expense.
• D)deferred expense.

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Definitions:

Cerebellum

A major structure of the brain involved in coordination of voluntary movements, balance, and posture, located under the cerebrum.

Parasympathetic Component

Part of the autonomic nervous system involved in rest and digest activities, counteracting the action of the sympathetic nervous system.

Cranial Nerves

Twelve pairs of nerves that emerge directly from the brain, not the spinal cord, and pass through various foramina in the skull to innervate structures in the head, neck, and visceral organs directly.

Subarachnoid Space

The area between the arachnoid membrane and the pia mater surrounding the brain and spinal cord, filled with cerebrospinal fluid.