Multiple Choice
Which of the following is not an example of an adjusting entry?
A) Recording unpaid interest at year end relating to an outstanding loan balance at year end
B) Recording amortization on office equipment purchased during the year
C) Recording the gain on the sale of equipment made during the year.
D) Reducing the prepaid rent account for the portion of rent actually used.
Correct Answer:

Verified
Correct Answer:
Verified
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