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Question 1 of 10 Which type of adjusting entry is used to record a payment a company makes in advance? O A. Deferred expense B. Accrued revenue C. Deferred revenue D. Accrued expense​

Sagot :

Answer:

A - Deferred expense

Explanation:

deferred refers to something that has not happened yet, and since you are not recording a payment received it cannot be deferred revenue, since it is for an advanced payment the answer is A - Deferred expense.

Answer:

A. deferred expense

Explanation:

A p e x

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