Which of the Following Regarding Adjusting Entries Is Correct

question 10

Multiple Choice

Which of the following regarding adjusting entries is correct?

• A)Adjusting entries are recorded for all external transactions.
• B)Adjusting entries are recorded to make sure all cash inflows and outflows are recorded in the current period.
• C)Adjusting entries are needed because we use accrual-basis accounting.
• D)After adjusting entries,all temporary accounts should have a balance of zero.

---

Definitions:

Male Reproductive System

The bodily system involved in sexual function and reproduction in males, including the testes and penis.

Male Reproductive System

The organ system in males responsible for producing, maintaining, and transporting sperm and seminal fluid, as well as discharging sperm within the female reproductive tract during sexual intercourse.

Female Reproductive System

The collection of organs and structures in females responsible for reproduction, including the ovaries, fallopian tubes, uterus, and vagina.

Male Reproductive System

The collection of internal and external organs in males that function in the process of reproduction, including the testes and penis.