Which of the following events would not require an end-of-year adjusting entry?
A. Purchasing supplies for cash
B. Paying for one year’s rent on July 1
C.Providing services on account
D. Each of these answer choices would require an end-of-year adjustment
Answer:C
Which of the following events would not require an end-of-year adjusting entry?
A. Purchasing supplies for cash B. Paying for one year’s rent on July 1 C.Providing services on account D. Each of these answer choices would require an end-of-year adjustment