Question 3 During an accounting period, if an expense has been incurred and consumed but not yet paid for or recorded, then the end-of- period adjusting entry would involve which accounts? O a receivable account and a revenue account. a liability account and an expense account. O an asset or contra asset account and an expense account. 1 pts O a liability account and an asset account.

During an accounting period, if an expense has been incurred and consumed but not yet paid for or recorded, then the end-ofperiod adjusting entry would involve which accounts? a receivable account and a revenue account. a liability account and an expense account. an asset or contra asset account and an expense account. a fiability account and an asset account