Which of the Following Does Not Require an Adjusting Entry

question 213

Multiple Choice

Which of the following does not require an adjusting entry at year-end?

• A)Accrued interest on notes payable.
• B)Supplies used during the period.
• C)Cash invested by stockholder.
• D)Accrued wages.
• E)Expired portion of prepaid insurance.

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Definitions:

Loudest Person

Typically refers to the individual in a group who speaks with the highest volume, often drawing the most attention.

Company Culture

The shared values, beliefs, behaviors, and practices that characterize an organization and its employees.

Ground Rules

Basic guidelines or agreed-upon rules that dictate the behavior or operations within a particular context or group activity.

Longer Breaks

Extended periods of rest or downtime, longer than the usual or scheduled pauses during work or activities.