Question: Choose the statement below which is true regarding adjusting journal entries. Multiple choice question. A balance sheet account is never involved. Cash is sometimes involved

Choose the statement below which is true regarding adjusting journal entries.
Multiple choice question.
A balance sheet account is never involved.
Cash is sometimes involved when payment is still due from a customer.
An income statement account is never involved.
At least one income statement account and one balance sheet account are always involved.

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