Book 2 - Chapter 10

Multiple Choice


1.	a
2.	c
3.	c Because an adjustment would record additional insurance expense.
4.	a Because an adjustment would record the using-up of supplies.
5.	b

Learning Goal 10

SOLUTIONS

Learning Goal 10: Prepare and Use an Adjusted Trial Balance

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Worthy & James Publishing is a provider of basic accounting books covering fundamental accounting principles, business accounting, and business math. Topics in financial accounting and business accounting covered include the balance sheet, the income statement, financial ratios, and bank reconciliation.