Question $1(2$ points$)$

Adjusting entries are needed to record $1.$ a revenue that has been earned but has not

yet been recorded or $2.$ an expense that has been incurred but has not yet been

recorded.

True

FalseQuestion $1(2$ points$)$

Adjusting entries are needed to record $1.$ a revenue that has been earned but has not

yet been recorded or $2.$ an expense that has been incurred but has not yet been

recorded.

True

False