direct the cash account. 9. Acme Car Wash has a contract with a taxi company to clean their vehicles. At the beginning of each month Acme bills the taxi company for all taxis washed the previous month. An adjusting entry is needed at the end of each month because * (1 point) O Acme will overstate their assets without the adjustment o Acme needs to accrue this expense O Acme needs to defer this revenue O Acme needs to accrue this revenue Acme needs to defer this expense