Multiple Choice
Which of the following is an example of an adjusting entry?
A) The payment of wages which have been accrued
B) The collection of an accounts receivable
C) The return of defective inventory
D) The accrual of interest expense
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The IASB (IAS 16)defines fixed or tangible
Q12: Why is it necessary to know the
Q13: When an error is uncovered,the most common
Q14: A 'contra asset' account is listed in
Q15: Assets and liabilities should not be offset
Q16: Why is a physical inventory of existing
Q17: How often are firms generally required to
Q19: Which measurement basis should be used to
Q20: Which of the following fixed assets is
Q21: The accrual principle consists in recognizing or