|
Word Clue |
Scrambled Answer |
Unscrambled Answer |
| 1. |
The accrual of interest expense is recorded in the _________ journal. |
REELANG |
GENERAL |
| 2. |
In a general journal entry, the amount to be ___________ is listed first. |
IETBDDE |
DEBITED |
| 3. |
In a general journal entry, the account to be _________ is indented. |
TDERDCIE |
CREDITED |
| 4. |
An accrual is one type of _________ entries. |
TJAUNIGDS |
ADJUSTING |
| 5. |
A category of adjusting entries. |
ESRADELFR |
DEFERRALS |
| 6. |
This type of entry occurs with income statement accounts. |
GOSLNCI |
CLOSING |
| 7. |
Adjusting entries are necessary for accrual accounting and to achieve the ___________ principle. |
CTGANHMI |
MATCHING |
| 8. |
The owner's _________ account is a temporary account. |
ARNDIGW |
DRAWING |
| 9. |
___________ entries are prepared on the first day of the accounting period following certain adjusting entries. |
GRENSVIRE |
REVERSING |
| 10. |
An income __________ account might be used when transferring the balances from the income statement accounts to an owner's equity account. |
UYMRSAM |
SUMMARY |