Question: Which of the following adjusting entries causes a decrease in assets? Recognizing the portion of revenue collected in advance. Recording depreciation expense. Accruing unrecorded salaries

Which of the following adjusting entries causes a decrease in assets?

  • Recognizing the portion of revenue collected in advance.

  • Recording depreciation expense.

  • Accruing unrecorded salaries expense.

  • Accruing unrecorded interest revenue.

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