An Adjusting Journal Entry Contains a Debit to an Expense

question 37

Multiple Choice

An adjusting journal entry contains a debit to an expense account and a credit to a contra account.This is an example of a(n) :

• A)accrued revenue.
• B)deferred revenue.
• C)depreciation expense.
• D)accrued expense.

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Definitions:

Loudly

Producing or capable of producing a high volume of sound; often used to describe speech, music, or other noises that are clearly audible.

Cerumen

A natural, waxy substance produced in the ear canal that protects the ear from dust, foreign particles, and microorganisms.

Honey-Colored

A description typically used for the appearance of some wounds, skin infections, or crusts that are yellow to gold in color.

Hygiene

Practices and habits that aim to maintain health and prevent the spread of diseases, often through cleanliness.