Which of the Following Is an Example of an Adjusting

question 18

Multiple Choice

Which of the following is an example of an adjusting entry?

• A) The payment of wages which have been accrued
• B) The collection of an accounts receivable
• C) The return of defective inventory
• D) The accrual of interest expense

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Definitions:

Incentive

A motivation or reward offered to encourage specific behaviors or actions, often used in business, economics, and psychology.

Accommodation

The provision of a place to stay or the process of adjusting something to match a certain need.

War

A state of armed conflict between different countries or different groups within a country.

Credit Card

A payment card issued to users as a method of payment allowing the cardholder to pay for goods and services based on the holder's promise to pay for them.