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

Match each situation below to two applicable reasons that require an adjustment to be made.
IBM completed a consulting project for the
CDC to simulate the spread of contagious
viruses and will be paid next month.
This month Apple, Inc., redeemed iTunes
gift cards that had been issued last month.
Schutt Sports used up some of the benefits
of its football helmet manufacturing
equipment.
Trocter & Gamble received a bill for this
month's advertising services, which it will
pay next month.
A. Revenue has been generated
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
Match each situation below to two applicable reasons that require an

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