For each of the events below, select the appropriate adjusting journal entry that would be recorded at the end of the year (December 31)

troduction to Agricultural Accounting The Farmers spent $3,000 for the costs of growing a perennial crop and recorded these costs as expenses. The crop is not harvested during the same year that it was grown. No investment in growing crops existed in the accounting records at the eginning of the year. th a. No adjusting entry is necessary under the accrual-adjusted approach b. Change in Investment in Growing Crops 3,000 Cash Investment in Growing Crops 3,000 4-7 F ing jo Cash Investment in Growing Crops 3,000 c. Change in Investment in Growing Crops 3,000 4-5 For each of the multiple choice questions below, select the appropriate adjusting journal entry that would be recorded at the end of the year (December 31). Su tax fo incom