The Adjusting Entry for Accrued Revenue Always Involves A

question 133

Multiple Choice

The adjusting entry for accrued revenue always involves a:

• A) debit to a revenue account and a credit to an asset account
• B) debit to a liability account and a credit to an asset account
• C) debit to an asset account and a credit to a liability account
• D) debit to an asset account and a credit to a revenue account

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Definitions:

Synovial Membrane

A connective tissue that lines the inner surface of capsules of synovial joints and tendon sheaths, producing a fluid for lubrication.

Serous Membrane

A thin layer of tissue that lines certain internal cavities of the body, producing a serous fluid to lubricate these cavities.

Mucous Membrane

A layer of cells known for producing mucus, found lining various cavities in the body that are exposed to the external environment.

Internal Organs

Organs located inside the body, such as the heart, lungs, and liver, which perform various vital functions.