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Given the Following Adjustment Data,state Whether the Resulting Adjustment Will

question 135

Essay

Given the following adjustment data,state whether the resulting adjustment will be a deferral or an accrual.
a.Supplies were used during the month.
b.Estimated the monthly utilities bill and recorded the expense.
c.Unearned service revenue had been earned by the end of the month.
d.Recorded the monthly depreciation on the office equipment.
e.Recorded salaries owed to employees at the end of the month but not paid until early next month.
f.Recorded interest earned on a note receivable but not yet collected.


Definitions:

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A theory in psychology focusing on how outcomes of behavior affect the likelihood of that behavior recurring in the future.

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The act of excluding or ignoring someone from a group or society, often leading to feelings of isolation for the person being ostracized.

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Mental positions or feelings toward a person, object, or idea characterized by optimism and positivity.

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