Multiple Choice
Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Supplies Expense
A) a deferred (prepaid) expense
B) a deferred (unearned) revenue
C) an accrued expense
D) an accrued revenue
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Adjusting entries must be made prior to
Q21: Match the following types of adjusting entries
Q22: A photo processing store purchased office supplies
Q23: The expense recognition principle requires that expenses
Q24: In the worksheet, the first set of
Q27: Match the following types of adjusting entries
Q28: What does the phrase, "revenue is recognized
Q30: Match the following types of adjusting entries
Q58: _ is the name given to revenue,expense,and
Q173: Accumulated depreciation is a contra asset account.