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Anuta_ua [19.1K]
3 years ago
10

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Business
1 answer:
yanalaym [24]3 years ago
7 0

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

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Answer:

The correct answer is letter "A", "B", "C", and "D".

Explanation:

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3 years ago
Panner, Inc., owns 35 percent of Watkins and applies the equity method. During the current year, Panner buys inventory costing $
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Answer: $2289

Explanation:

First, we have to calculate the gross percentage which would be:

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AleksandrR [38]

Answer:

Letter A

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It is also important to know that currently, the World Trade Organization has 156 member countries.

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4 years ago
when zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constituti
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2 years ago
Integrating research writing a paper and creating a presentation are examples of
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Homework if its on apex
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