Which of the following terms describe the types of adjusting entries? a. Expenses and revenues b. Prepaid

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Which of the following terms describe the types of adjusting entries?

a. Expenses and revenues

b. Prepaid expenses and prepaid revenues

c. Deferrals and accruals

d. Deferrals and depreciation AppendixLO1

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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