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1. Revenue
2. Expenses
3. Cash
4. None of Above
Cash
because its not present the evidence of occurrence of any transaction!
3. >>>>>>>>>>>>>>>>>>>>>Cash
3. Cash ..........................................................................................
Cash is not involved in the Adjusting entry because the cash was already paid out at the beginning of the year.
ans 3. Cash
Adjusting entries dont involve CASH
The correct answer is:3- cash
Cash is not involved in the adjusting entry.
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