Which of the Following Is Considered an Adjusting Entry

question 51

Multiple Choice

Which of the following is considered an adjusting entry?

• A)The entry to record depreciation.
• B)The entry to pay salaries.
• C)The entry to pay outstanding bills.
• D)The entry to declare a dividend distribution.

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Definitions:

Contingency Table

A type of table in a matrix format that displays the frequency distribution of the variables.

Accident Rates

The frequency or proportion of accidents occurring in a particular area, within a specified period, or among a specific group of people.

Age Groups

Categories of populations divided based on age, allowing for analysis and comparison of different demographic segments.

Probability

A measure that quantifies the likelihood that an event will occur, expressed as a number between 0 and 1.