Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of:

a. items that require contra accounts.

b. items that require adjusting entries.

c. asset and equity.

d. asset accounts.

e. income statement accounts.

Question

Frank Richards

28 February, 07:00

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Slade · Answer 1

Income statement accounts - - so e.

Prepaid expenses, depreciation, accrued expenses, unearned revenues, and accrued revenues are all examples of:a. items that require contra accounts.b. items that require adjusting entries.c. asset and equity.d. asset accounts.e. income statement accounts.