The Entry to Record Depreciation Is an Example of an Adjusting

question 27

Multiple Choice

The entry to record depreciation is an example of an adjusting entry:

• A)To apportion a recorded cost.
• B)To apportion unearned revenue.
• C)To convert a liability to revenue.
• D)To record unrecorded revenue.

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Definitions:

Functions

The roles or activities that an individual, group, or thing is expected to perform or fulfill.

Persuade

To convince someone to do or believe something through reasoning or argument.

Proposal

A document that offers a solution to a problem or a course of action in response to a need.

Audience

The group of people who watch, read, or listen to something, especially a show, movie, or speech.