. Each of the following is a major type (or category) of (LO 1) adjusting entries except: (a ) prepaid expenses . () accrued revenues . ( c) accrued expenses . (d ) recognized revenues . 1:

COUNTING PRINCIPLES I Section 6 Le / My courses / ACCOUNTING PRINCIPLES I Section6 Lecture (20201_020111011_AA 2 In work sheet Net loss of $ 100,000 should be shown as out of a. Debit balance in the Balance sheet o b. Debit balance in income statement c. Debit balance in the adjusted trial balance d. Credit balance in Balance sheet question bus page Second Exam ENG (0) 0 -1/8