Adjusting Entries

question 100

Multiple Choice

Adjusting entries:

• A) Affect only income statement accounts.
• B) Affect only equity accounts.
• C) Affect cash accounts.
• D) Affect only balance sheet accounts.
• E) Affect both income statement and balance sheet accounts.

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Definitions:

Early Fourth Century CE

A period marking the early years of the 4th century (the 300s), significant for the spread of Christianity and Roman architectural advancements.

Official Religion

The religion endorsed by a government or state as its national or state religion, influencing laws and societal norms.

Encaustic Technique

An ancient painting method where pigments are mixed with hot wax and applied to a surface, known for its durability and rich color.

Panel Portraits

A type of painting or portrait made on a flat panel made of wood, metal, or another rigid substrate, rather than canvas.