Multiple Choice
Which of the following accounts would most likely appear on the adjusted trial balance (have an account balance) , but NOT appear on the unadjusted trial balance (account balance would be zero) ?
A) Service revenue
B) Unearned revenue
C) Accumulated depreciation
D) Depreciation expense
Correct Answer:
Verified
Correct Answer:
Verified
Q46: Every adjustment affects which of the following
Q47: adjusting entry to record supplies expense accomplishes
Q48: account type is debited in the adjusting
Q49: The accountant for Noble Jewelry Repair Company
Q50: of the following accounts would be adjusted
Q52: are two ways to do accounting: accrual
Q53: Unearned rent is an example of a(n):<br>A)
Q54: The adjusting entry to record prepaid insurance
Q55: Under the cash-basis method of accounting, service
Q56: The adjusting entry to record unearned revenue