Solved

Insert the Appropriate Letter into the Correct Blank to Describe

question 129

Short Answer

Insert the appropriate letter into the correct blank to describe the type of adjustment required at the end of April and the effect it has on expenses or revenues and assets or liabilities.
$\begin{array} { | l | l | } \hline \text { Anjernent tyee } & \text { Dffect an Account } \\\hline \text { A Accrual } & \text { E. Reverue rises and asset rises. } \\\hline \text { D. Deferal } & \text { F. Expense rises and asset falls. } \\\hline & \text { G. Reverue rises and liability falls. } \\\hline & \text { H. Expense rises ard liability rises. } \\\hline\end{array}$ $Insert the appropriate letter into the correct blank to describe the type of adjustment required at the end of April and the effect it has on expenses or revenues and assets or liabilities. \begin{array} { | l | l | } \hline \text { Anjernent tyee } & \text { Dffect an Account } \\ \hline \text { A Accrual } & \text { E. Reverue rises and asset rises. } \\ \hline \text { D. Deferal } & \text { F. Expense rises and asset falls. } \\ \hline & \text { G. Reverue rises and liability falls. } \\ \hline & \text { H. Expense rises ard liability rises. } \\ \hline \end{array}$

Definitions:

Cosmology

The study of such questions as how the universe came into being, the nature of space and time, and the dimensions of the universe.

Ontology

A branch of metaphysics concerned with the nature and relations of being or existence.

Cosmos

An orderly, harmonious systematic universe, often used in contrast to chaos.

Descartes

A French philosopher, mathematician, and scientist who is considered the father of modern western philosophy, famously known for the statement, "I think, therefore I am."