Which One of the Following Accounts Below Would Likely Be

question 92

Multiple Choice

Which one of the following accounts below would likely be included in a deferral adjusting entry?

• A) Interest Revenue
• B) Unearned Revenue
• C) Salaries Payable
• D) Accounts Receivable

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Definitions:

Household Use

Pertains to products or services designed for regular consumption or utilization within a domestic setting.

Genuine Benefits

The real advantages or positive outcomes that consumers receive from using a product or service, which meet or exceed their expectations.

Personal Selling

A face-to-face sales technique where a seller aims to persuade a buyer to purchase a product or service, focusing on customer needs and relationship building.

Financial Remuneration

Monetary compensation or payment received for services or employment.