No Adjusting Entry Should Consist Of

question 39

Multiple Choice

No adjusting entry should consist of:

• A)A debit to an expense and a credit to an asset.
• B)A debit to an expense and a credit to revenue.
• C)A debit to an expense and a credit to a liability.
• D)A debit to a liability and a credit to revenue.

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Definitions:

Sex

A biological category based on reproductive organs and genetic makeup, commonly classified as male or female.

Psychoanalytic

Pertaining to a theory of psychology founded by Sigmund Freud, focusing on the role of unconscious motivations and early childhood experiences in determining behavior and personality.

Biological

Pertaining to the science of life or living organisms, their structure, function, growth, origin, evolution, and distribution.

Cognitive

Relating to mental activities such as thinking, understanding, learning, and remembering.