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stions 1) postponements and advances. ions saved 2) accruals and deferrals. 3) deferrals and postponements. 4) accruals and advances Save Question 9 (1 point) An

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stions 1) postponements and advances. ions saved 2) accruals and deferrals. 3) deferrals and postponements. 4) accruals and advances Save Question 9 (1 point) An adjusting entry can include a: 1) debit to an asset and a credit to a liability. 2) debit to a revenue and a credit to an asset. 3) debit to a liability and a credit to a revenue. 4) debit to an expense and a credit to a revenue. d Response ved Response tem Save Question 10 (1 point) Adjusting entries are: 1) not necessary if the accounting system is operating properly. 2) usually required before financial statements are prepared. 3) made whenever management desires to change an account balance. 4) made to balance sheet accounts only. Save Question 8 Saved Save All Responses Go to Submit Quiz

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