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Which of the following transactions is not an example of an end of period adjustment?

Select one:

a. Supplies account is adjusted to the actual amount of supplies on hand.

b. Interest is accrued on the loan from the bank, although it has not yet been paid.

c. Depreciation is recorded on equipment.

d. New store equipment is purchased on account.

Expert Solution

ekkarill92 answered 1 year ago

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