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An adjusting entry to convert an asset to expense consists of: A debit to a liability and a credit to cash. A debit to an
An adjusting entry to convert an asset to expense consists of:
A debit to a liability and a credit to cash.
A debit to an expense and a credit to cash.
A debit to an expense and a credit to an asset account.
A debit to an asset account and a credit to an expense account.
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