The Adjusting Entry to Record an Accrued Expense Is

question 192

Multiple Choice

The adjusting entry to record an accrued expense is:

• A) Increase an expense; increase a liability.
• B) Increase an asset; increase revenue.
• C) Decrease a liability; increase revenue.
• D) Increase an expense; decrease an asset.
• E) Increase an expense; decrease a liability.

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Definitions:

Sodium

A chemical element with the symbol Na, an essential ion in the body's fluids that plays a key role in nerve impulse transmission and muscle contraction.

Ureters

The two tubes that transport urine from each kidney to the bladder in the urinary system.

Urethra

The tube that conducts urine from the bladder to the outside of the body and also serves as the duct for semen in males.

Renal Medulla

The innermost part of the kidney, comprised of renal pyramids and tubules, crucial for water and salt balance.