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6. This refers to a type of adjusting entries which are oomsidered expenses that have already boen incurred but are not yet paid oe recorded.
6. This refers to a type of adjusting entries which are oomsidered expenses that have already boen incurred but are not yet paid oe recorded. a. Accrued Expense c. Pre-collected Income b. Accrued Revenue d. Prepaid Expenses 7. This refers to a type of adjusting entries where services and goods have been delivered but no payments have been received from the client or eustomer. a. Accrued Expense e. Pre-collected Income b. Acerned Revenue d. Prepaid Expenses 8. This refers to a type of adjusting entries which refers to the portion of the cost of the fixed assets assigned expense for the used or consumed portion in particular period of time. a. Prepaid Expenses c. Depreciation b. Accrued Expense d. Bad Debts
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