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(ch 1, 2, 3, 4&5) Saved An adjusting journal entry recording an accrual: o Multiple Choice will involve a debit or credit to cash. results

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(ch 1, 2, 3, 4&5) Saved An adjusting journal entry recording an accrual: o Multiple Choice will involve a debit or credit to cash. results in a better matching of revenues and expenses. will affect balance sheet accounts only. will most likely include a debit to a liability account. w

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