Which of the Following Is Not an Example of an Adjusting

question 79

Multiple Choice

Which of the following is not an example of an adjusting entry?

• A)The entry to record unpaid expenses.
• B)The entry to record uncollected revenues.
• C)The entry to convert liabilities to revenue.
• D)The entry to pay outstanding bills.

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Definitions:

Alphabetically

Arranged in the order of the letters of the alphabet.

Legal Dictionary

A Legal Dictionary is a specialized dictionary that contains terms and phrases used in the field of law, providing definitions and explanations.

Trusts

Legal arrangements where one party holds property for the benefit of another, based on the trustor's instructions.

Consideration

Something of value, such as money or the performance of an action not otherwise required, that motivates the formation of a contract. Each party must give consideration for the contract to be binding.