Question

accrual adjustments are used to record _____ or ____ when they occur prior to receiving or paying cash and to adjust corresponding ___________ accounts

Answer 1

Accrual adjustments are used in accounting to record revenue or expenses when they occur prior to receiving or paying cash and to adjust corresponding balance sheet accounts.

Step-by-step explanation:

Accrual adjustments are used in accounting to record revenue or expenses when they occur prior to receiving or paying cash and to adjust corresponding balance sheet accounts.