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    Financial Accounting Study Set 11
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    Exam 3: Accrual Accounting Income
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    An Adjusting Journal Entry Contains a Debit to an Expense
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An Adjusting Journal Entry Contains a Debit to an Expense

Question 37

Question 37

Multiple Choice

An adjusting journal entry contains a debit to an expense account and a credit to a contra account.This is an example of a(n) :


A) accrued revenue.
B) deferred revenue.
C) depreciation expense.
D) accrued expense.

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