Essay
Given below are the accounts from the ledger AFTER adjustments have been posted at December 31.
A)Identify which adjustments were likely made that are:
1.Accrued revenues
2.Accrued expenses
B)Which accounts listed above would not be used in a cash-basis system?
Correct Answer:

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A)
1.Accrued revenues: Accounts Receivab...View Answer
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Correct Answer:
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1.Accrued revenues: Accounts Receivab...
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