Multiple Choice
An account usually not used in an adjusting entry is
A) Consulting Fees-Revenue.
B) Interest Payable.
C) Equipment.
D) Accumulated Depreciation - Equipment.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q41: As supplies are used, they become<br>A) an
Q42: The physical count of inventory was incorrect
Q43: Unearned Rent is what type of account?<br>A)
Q44: Inventory shrinkage is $100. The income statement
Q45: Mortgage Payable is an expense account.
Q47: Calculate: (a) net sales, (b) inventory shrinkage,
Q48: In the periodic inventory system the inventory
Q49: The Inventory ledger account balance was $16,000
Q50: If gross profit exceeds expenses, the company<br>A)
Q51: The adjustment for salaries is necessary<br>A) because