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the pr BONUS QUESTIONS (1 Point each) 1. We make an adjusting entry because an expense was incurred but we have not received an invoice.

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BONUS QUESTIONS (1 Point each) 1. We make an adjusting entry because an expense was incurred but we have not received an invoice. What is this adjusting entry is called? 2. There are two types of accounting basis. Which accounting basis does not conform to GAAP? What is the name of the assets that are long term resources benefiting the company's operations but l physical form and have uncertain benefits? What does it mean if the Income Summary account has a debit balance after all temporary accoun peen closed into the Income Summary account? (After the first two steps of the closing process.) mat is the name of a fixed assets value after we subtract its accumulated depreciation from it

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