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For each transaction -Depreciation on a delivery truck is recorded -Revenue is earned during the current period, although customers had paid in a previous period.

For each transaction

-Depreciation on a delivery truck is recorded

-Revenue is earned during the current period, although customers had paid in a previous period.

-Interest earned but not yet received on notes receivable is recorded.

-The cost of supplies used during the current year is determined and recorded.

-The cost of salaries earned by employees, but not paid at the end of the accounting period is recorded.

Match the type of adjustment that would be required

-Deferred expense

-Deferred revenue

-Accrued liability

-Accrued asset

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