Which of the Following Pairs of Accounts Could Not Appear

question 132

Multiple Choice

Which of the following pairs of accounts could not appear in the same adjusting entry?

• A) Service Revenue and Unearned Revenue
• B) Interest Income and Interest Expense
• C) Rent Expense and Prepaid Rent
• D) Salaries Payable and Salaries Expense

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Definitions:

Delivery

The act of transferring possession of a good or document from one party to another, fulfilling a contractual obligation.

Document of Title

A legal document that provides evidence of ownership of property or goods.

Negotiable Document

A written instrument that promises payment to the holder and is freely transferable.

Identified

Recognized or distinguished as being a particular entity or object.