mparadise2181973 mparadise2181973
  • 14-05-2019
  • Mathematics
contestada

6. When making adjusting entries, which account is never affected?

A. Capital

B. Withdrawal

C. Fees Expense

D. Cash

Respuesta :

julie0619
julie0619 julie0619
  • 14-05-2019

It never affects D. Cash

Answer Link
chisnau chisnau
  • 27-07-2019

Answer:

Cash is never affected.

Step-by-step explanation:

When making adjusting entries, cash is never impacted.

Adjusting entries means to make the account up to date at the end of the accounting period.

All adjusting entries affect a minimum of one income statement account and one balance sheet account, but this never affects cash.

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