An adjusting entry could be made for each of the following except:
a. Prepaid expenses.
b. Depreciation.
c. Owner withdrawals.
d. Unearned revenues.
e. Accrued revenues.
Answer: C
An adjusting entry could be made for each of the following except:
a. Prepaid expenses.
b. Depreciation.
c. Owner withdrawals.
d. Unearned revenues.
e. Accrued revenues.
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