Question: Hi can you help me answer these thanks Question 1.28 Why doesn't net income generally equal the amount of cash the business generated during the
Question 1.28 Why doesn't net income generally equal the amount of cash the business generated during the period? O Expenses may be accidentally overpaid during the period O Some revenue earned during the period may not have been received yet O Revenues earned may not yet be recorded O A company may forget to record some sales * Question 1.29 Adjusting entries affect: O only balance sheet accounts. O only income statement accounts O only equity accounts O both income statement and balance sheet accounts. Question 1.30 Which of the following accounts is least likely to appear in an adjusting journal entry? O Depreciation expense O Unearned revenue O Cash O Interest payable
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