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Find which of adjusting entries most likely be reversed

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Reference no: EM132728772

Problem 1: Which of the following adjusting entries would be the most likely be reversed?

Select one:

a. DR: Depreciation Expense $500; CR: Accumulated Depreciation $500

b. DR: Salary Expense $1,980; CR: Salary Payable $1,980

c. DR: Unearned Subscriptions $2,000; CR: Subscription Revenue $2,000

d. DR: Insurance Expense $500; CR: Prepaid Insurance $500

Reference no: EM132728772

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