The Adjusting Entry for an Accrued Revenue Always Includes a Debit

question 156

True/False

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

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Definitions:

Digest

The process of breaking down food into smaller components that can be absorbed by the body.

Humans

The species Homo sapiens, characterized by bipedalism, high manual dexterity, and advanced cognitive abilities leading to the development of complex tools and society.

Cellulose

A complex carbohydrate that forms the primary structural component of plant cell walls.

Abnormally Folded

Refers to proteins that have not achieved their proper three-dimensional structure, often leading to diseases.