Which of the Following Entries Causes an Immediate Decrease in Assets

question 126

Multiple Choice

Which of the following entries causes an immediate decrease in assets and in net income?

• A)The entry to record depreciation expense.
• B)The entry to record revenue earned but not yet received.
• C)The entry to record the earned portion of rent received in advance.
• D)The entry to record accrued wages payable.

---

Definitions:

Control Layout

A feature in database and form design that allows the organization and arrangement of interface elements.

Group Header

In report design, a group header is a section that appears at the beginning of a new group of records, often containing the group name or summary information.

Controls

Interface elements such as buttons, sliders, or checkboxes that allow users to interact with software or hardware.

Template

A pre-designed layout or structure used as a starting point for creating new documents, spreadsheets, databases, or other types of files.