Match the Following Types of Adjusting Entries to the Listed

question 117

Multiple Choice

Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Interest was earned but not yet collected.

• A)a deferred (prepaid) expense
• B)a deferred (unearned) revenue
• C)an accrued expense
• D)an accrued revenue

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Definitions:

Dividend Growth Rate

The annualized percentage rate of growth of a company's dividend payments, indicating how the dividend has grown over a specific period.

Capital Requirements

The minimum amount of capital a bank or financial institution must hold as required by its financial regulator.

Price Per Share

Price Per Share is the amount of money that each share of a company's stock is worth on the stock market at any given time.

Notes Payable

A written agreement where one party promises to pay another party a specific sum of money on a certain date or on demand.