Multiple Choice Depreciation expense O Prepaid Insurance. Interest receivable Income tax payable Which of the following is not an example of an adjusting entry? Multiple Choice The entry to record unpaid expenses The entry to convertilablities to revenue. The entry to pay outstanding blis. The entry to record uncollected revenues. A company sells goods on account at a selling price of $20,000. The cost of the goods is $15,000. Under a perpetual Inventory system the journal entries to record the sale will includes Multiple Choice $20,000 wll be debited to cost of goods sold and $20,000 will be credited to Inventory $20,000 will be debited to inventory and 520,000 will be credited to accounts Receivable. 515,000 will be credited to inventory and 515.000 will be created to Sales, 520,000 will be debited to Accounts recevable and $20.000 will be credited to Sales. Multiple Choice Depreciation expense O Prepaid Insurance. Interest receivable Income tax payable Which of the following is not an example of an adjusting entry? Multiple Choice The entry to record unpaid expenses The entry to convertilablities to revenue. The entry to pay outstanding blis. The entry to record uncollected revenues. A company sells goods on account at a selling price of $20,000. The cost of the goods is $15,000. Under a perpetual Inventory system the journal entries to record the sale will includes Multiple Choice $20,000 wll be debited to cost of goods sold and $20,000 will be credited to Inventory $20,000 will be debited to inventory and 520,000 will be credited to accounts Receivable. 515,000 will be credited to inventory and 515.000 will be created to Sales, 520,000 will be debited to Accounts recevable and $20.000 will be credited to Sales