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Which adjusting entry will result in a decrease in assets

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Reference no: EM132689410

Problem 1. Which adjusting entry will result in a decrease in assets?

a. An adjusting entry to record interest expense that has been incurred

b. An adjusting entry to record the expiration of rent

c. An adjusting entry to record revenue that is earned

d. All of the above

e. None of the above

Reference no: EM132689410

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