The Adjusting Entry for an Accrued Expense Always Includes a Debit

question 151

True/False

The adjusting entry for an accrued expense always includes a debit to an expense account and a credit to a liability account.

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Definitions:

Grammatically

Pertaining to the rules and principles that govern the structure of sentences in a language.

Parenthetical Expression

A phrase inserted into a sentence as an explanation or afterthought, which is not essential to the meaning of the sentence but adds information or clarification.

Mixed Metaphor

A figure of speech that combines elements of two or more incompatible metaphors, leading to a confusing or humorous effect.

Disappointing

Causing sadness or displeasure due to unmet expectations or outcomes.