Examlex
Which of the following would not be considered an adjusting entry?
Accounts Receivable
An asset account that records amounts a company has a right to receive because it has provided goods or services on credit.
Nontrade Receivables
Amounts owed to a company that are not related to the sale of goods or services, such as tax refunds or loans to employees.
Company Officers
Individuals appointed by the board of directors who manage the daily operations of a company, such as the CEO, CFO, and COO.
Loans
Borrowed money that must be repaid, typically with interest, according to agreed terms and conditions.
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