Which of the Following Events Would Not Require a Year-End

question 1

Multiple Choice

Which of the following events would not require a year-end adjusting entry?

• A)Purchasing supplies for cash during the year.
• B)Paying for one year's rent during the year.
• C)Providing services on account during the year.
• D)Each of these events would require a year-end adjusting entry.

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Definitions:

Glutamate

An important neurotransmitter in the brain involved in learning, memory, and the regulation of the nervous system.

Excitatory Neurotransmitter

A type of neurotransmitter that promotes the generation of an electrical signal called an action potential in receiving neurons.

Serotonin Transporter

A protein that facilitates the reuptake of serotonin from the synaptic cleft back into the presynaptic neuron.

Neuromodulator

A type of chemical messenger released from neurons in the brain to signal other neurons, modifying their activities and influencing many bodily functions.