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fikir tadesse
on Nov 15, 2024

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An account never used in an adjusting entry is:

A) Consulting Fees-Revenue.
B) Interest Payable.
C) Cash.
D) Accumulated Depreciation - Equipment.

Adjusting Entry

An entry made in the accounts to reflect a correct amount of revenues and expenses for a specific period before preparing the financial statements.

Consulting Fees-Revenue

Income earned by an individual or a company for providing professional advice or services to clients.

Cash

A form of liquid asset that consists of currency, including coins and banknotes, which can be used immediately for transactions.

  • Become adept at manipulating entries for different sorts of accounts and transactions.
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EZ
Erika ZsandraNov 21, 2024
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