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A Corporation Made the Following Entries Which Entry Must Have Been Made as a Direct Result

Question 92

Multiple Choice

A corporation made the following entries: A)  Prepaid insurance 900 Cash900B)  Depreciation expense 10,000Accumulated depreciation 10,000C)  Wages payable 3,000Cash 3,000 D)  Inventory of Merchandise4,000 Accounts payable4,000\begin{array}{lll}\text {A) Prepaid insurance }&900\\\text { Cash}&&900\\\text {B) Depreciation expense }&10,000\\\text {Accumulated depreciation }&&10,000\\\text {C) Wages payable }&3,000\\\text {Cash }&&3,000\\\text { D) Inventory of Merchandise}&4,000\\\text { Accounts payable}&&4,000\\\end{array} Which entry must have been made as a direct result of the matching principle?


A) A
B) B
C) C
D) D

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