menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Study Set 3
  4. Exam
    Exam 5: Completing the Accounting Cycle Closing and Reversing Entries
  5. Question
    Which Adjustment Would Never Require a Reversing Entry
Solved

Which Adjustment Would Never Require a Reversing Entry

Question 62

Question 62

Multiple Choice

Which adjustment would never require a reversing entry?


A) Accrued revenue
B) Accrued expense
C) Prepaid income (cash received originally recorded in an income account)
D) Depreciation

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q55: What type of account is retained profits?<br>A)

Q56: Which of the following is the correct

Q57: In which order do these steps in

Q58: Which of the following statements relating to

Q59: When closing the accounts of a partnership

Q60: Which of these accounts is closed to

Q61: The major purpose of a post-closing trial

Q63: At the end of the period a

Q64: What is the correct closing entry for

Q65: A trial balance taken out after the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines