Which of the following would NOT be a correct form for an adjusting entry?
A. a debit to a revenue and a credit to a liability
B. a debit to an expense and a credit to a liability
C. a debit to a liability and a credit to a revenue
D. a debit to an asset and a credit to a liability
Answer:D
Which of the following would NOT be a correct form for an adjusting entry?
A. a debit to a revenue and a credit to a liability B. a debit to an expense and a credit to a liability C. a debit to a liability and a credit to a revenue D. a debit to an asset and a credit to a liability