Which of the Following Entries Could Not Be a Legitimate

question 64

Multiple Choice

Which of the following entries could not be a legitimate reversing entry?

• A)Debit Wages Payable and credit Wages Expense
• B)Debit Fees Earned and credit Accounts Receivable
• C)Debit Interest Payable and credit Interest Expense
• D)Debit Interest Receivable and credit Interest Income

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Definitions:

Nike

Nike is a global corporation that designs, manufactures, and markets athletic footwear, apparel, equipment, and accessories, known for its innovation in sports and lifestyle products.

SWOT Analysis

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to business competition or project planning.

Boeing's 787 Dreamliner

An advanced long-haul, mid-size widebody, twin-engine jet airliner developed by Boeing Commercial Airplanes that emphasizes fuel efficiency and passenger comfort.

SWOT Analysis

A strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.