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:

Proletariat

The class of workers or laborers who do not own the means of production and must sell their labor to survive.

Long-held Beliefs

Ideas or convictions that have been accepted and maintained over an extended period.

Traditional Authority

A form of leadership in which the authority of an organization or a ruler is largely tied to tradition or custom.

Rational

Pertains to decision-making processes that are based on logical reasoning and systematic analysis of alternatives.