Question: Match each situation below to two applicable reasons that require an adjustment to be made. 1. IBM completed a consulting project for the CDC A

Match each situation below to two applicable reasons that require an adjustment to be made.

1. IBM completed a consulting project for the CDC A Revenue has been earned. B. Expense has been incurred C. Liability has been incurred. D. Liability has been fulfilled. E Asset has been acquired F Asset has been used up. f cotagons vinises anud will be paid next month. 2. This month Apple, Inc. redeemed iTunes gift cards that had been issued last month. 3. Schutt Sports used up some of the benefits of its football helmet manufacturing equipment. 4. Procter & Gamble received a bill for this month's advertising services, which it will pay next month

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