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Prepaid Expenses, Depreciation, Accrued Expenses, Unearned Revenues, and Accrued Revenues

Question 62

Multiple Choice

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


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

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