Which of the following events would not require a year-end adjusting entry?
A. Purchasing supplies for cash during the year.
B. Providing services on account during the year.
C. Paying for one year's rent during the year.
D. Each of these events would require a year-end adjusting entry.
Answer: B
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A) challenger B) leader C) follower D) nicher E) entrant
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Answer the following statement true (T) or false (F)