Entries That Record Cash Paid Out Before the Expense Is

question 142

Multiple Choice

Entries that record cash paid out before the expense is incurred are:

• A) accrued revenues.
• B) prepaid expenses.
• C) unearned revenues.
• D) accrued expenses.

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Definitions:

Protozoans

Single-celled eukaryotic organisms that may exhibit animal-like behaviors, such as movement, and are often found in aquatic or moist terrestrial environments.

Amoeboids

A group of organisms, mostly unicellular, that move and ingest food by extending pseudopods.

Fungal Cell Walls

Rigid outer layers found in fungal cells, composed primarily of chitin, which provide structure and protection.

Chitin

A long-chain polymer of N-acetylglucosamine, a derivative of glucose, which forms a major component in the exoskeletons of arthropods and the cell walls of fungi.