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    Accounting Information Systems Study Set 21
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    Exam 2: Transaction Processing in the Ais
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    Please Refer to the Following Unadjusted Trial Balance in Answering
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Please Refer to the Following Unadjusted Trial Balance in Answering

Question 11

Question 11

Multiple Choice

Please refer to the following unadjusted trial balance in answering the below question. Please refer to the following unadjusted trial balance in answering the below question.   When VLN completes the ninth step in the accounting cycle, all of the following accounts will be involved except: A) Advertising expense B) Deferred revenue C) Retained earnings D) Sales When VLN completes the ninth step in the accounting cycle, all of the following accounts will be involved except:


A) Advertising expense
B) Deferred revenue
C) Retained earnings
D) Sales

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