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Which of the following is an example of a deferral (or prepaid) adjusting entry? A.Recording revenue that has been earned but not yet received. B.Recording
Which of the following is an example of a deferral (or prepaid) adjusting entry?
A.Recording revenue that has been earned but not yet received.
B.Recording the usage of office supplies during the period.
C.Recording interest expense incurred on a notes payable not due until next year.
D.Recording salaries expense for employees not yet paid
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