Question

which of the following adjusting entries involves the cash account? select one: a. none of these b. deferred expense c. deferred revenue d. accrued asset e. accrued liability

Answer 1

The adjusting entry that involves the cash account is **none of these (a).**

Cash accounts are typically not involved in adjusting entries. Adjusting entries are made to ensure that the financial statements accurately reflect the company's financial position and performance. These entries often involve adjusting revenues, expenses, assets, or liabilities, but not the cash account directly.