Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)
A. A company records interest expense that has accrued, but will not be paid until next year.
B. A company pays a 6-month insurance premium at the beginning of October.
C. A company pays a utility bill for charges incurred in the previous month.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
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Home » Business » Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.) A.