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correct answer 1) Types of adjusting entries include all of the following except: A) Accrued Expenses B) Accrued Cash C) Accrued Revenues D) Prepaid Items

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1) Types of adjusting entries include all of the following except: A) Accrued Expenses B) Accrued Cash C) Accrued Revenues D) Prepaid Items 2) The order of the steps in the accounting cycle includes: A) Adjusted Trial Balance, financial reports, adjusting entries, Trial Balance B) Adjusted Trial Balance, adjusting entries, financial reports, Trial Balance C) Trial Balance, adjusting entries, Adjusted Trial Balance, financial reports D) Trial Balance, financial reports, adjusting entries, Adjusted Trial Balance 3) If a count of office supplies on hand reveal $1,000 of supplies unused at year-end and the Office Supplies on Hand account has a balance of $2500, the adjusting entry to bring the Office Supplies on Hand up to date at year-end should include: A) Debit Office Supplies on Hand $1,500, Credit Office Supplies Expense $1,500 B) Debit Office Supplies Expense $1,500, Credit Office Supplies on Hand $1,500 C) Debit Office Supplies Expense $1,000, Credit Office Supplies on Hand $1,000 D) Debit Office Supplies on Hand $1,000, Credit Office Supplies Expense $1,000 4) To record adjusting entries, use: A) Home > Journal Entries B) Banking Menu > Make General Journal Entries C) Reports Menu > General Journal Entries D) Accountant Menu > Make General Journal Entries

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