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    Business
  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 3: Adjusting Accounts and Preparing Financial Statements
  5. Question
    Prepaid Expenses, Depreciation, Accrued Expenses, Unearned Revenues, and Accrued Revenues
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Prepaid Expenses, Depreciation, Accrued Expenses, Unearned Revenues, and Accrued Revenues

Question 2

Question 2

Multiple Choice

Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of:


A) Income statement accounts.
B) Asset and equity.
C) Items that require contra accounts.
D) Items that require adjusting entries.
E) Asset accounts.

Correct Answer:

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