Which Adjustment Would Never Require a Reversing Entry

question 57

Multiple Choice

Which adjustment would never require a reversing entry?

• A) Income received in advance (cash received originally recorded in an income account)
• B) Accrued wages
• C) Prepaid rent
• D) Depreciation

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Definitions:

Print Media Campaign

An advertising or promotional initiative conducted through printed materials, such as newspapers, magazines, flyers, or posters, to communicate a specific message.

Message Credibility

The perceived trustworthiness and expertise of the source of information, impacting the effectiveness and persuasive power of a message.

Counter-Attitudinal Behavior

Acting in a way that contradicts one's personal beliefs or attitudes, often leading to cognitive dissonance.

Norm Misperception

The phenomenon where an individual's understanding of the typical behaviors or attitudes of a group is inaccurately perceived.