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Introduction to Adjusting Journal Entries and Prepaid Expenses
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Introduction to Adjusting Journal Entries and Prepaid Expenses
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3. Accrual Accounting Concepts / Introduction to Adjusting Journal Entries and Prepaid Expenses / Problem 5
Problem 5
Which of the following is an example of an accrual?
A
Prepaid insurance
B
Accrued salaries
C
Unearned revenue
D
Prepaid rent
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