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D Question 99 1 pts Identify which of the following opening adjusting entries should be used when setting up in QuickBooks an existing company with
D Question 99 1 pts Identify which of the following opening adjusting entries should be used when setting up in QuickBooks an existing company with opening balances: Debit: Accounts Payable, Credit: Opening Balance Equity O Debit: Capital Stock, Credit: Opening Balance Equity Debit: Opening Balance Equity, Credit: Capital Stock O Debit: Accounts Receivable, Credit: Capital Stock D Question 46 1 pts Adjusting entries for prepaid items typically include which of the following related types of accounts: Expense and Asset accounts O Revenue and Liability accounts Expense and Liability accounts O Revenue and Asset accounts D Question 45 1 pts Prepaid items for which adjusting entries may be necessary include all of the following except: O Prepaid Rent Office Supplies Prepaid insurance Unearned Revenue D Question 38 1 pts Adjusting entries for accrued revenues typically include which of the following related types of accounts: Revenue and Liability accounts Expense and Asset accounts O Revenue and Asset accounts O Expense and Liability accounts
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