Question: An example of an adjusting journal entry for deferrals is: A. recording revenue earned from cash received in advance B. recording inventory shrinkage at the

An example of an adjusting journal entry for deferrals is:

A. recording revenue earned from cash received in advance

B. recording inventory shrinkage at the end of the period

C. Accruing salaries payable

D. Accruing revenue not yet billed

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