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6. An accrual entry involving a liability will also include this type of account.
EXPENSE PENSEEX7. A common adjusting entry pertaining to plant assets is the recording of ______________.
DEPRECIATION AICEEPORINTD8. The contra account to accounts receivable is the ____________ for doubtful accounts.
ALLOWANCE WAAOCNLEL9. Adjusting entries are usually dated as of the date of the _________ sheet.
BALANCE CLBANAE10. _________-type adjusting entries are often reversed on the first day of the next accounting period.
ACCRUAL AUACCRL11. The expired amount of prepaid insurance premiums should be reported in the account Insurance __________.
EXPENSE NEEXPES12. An accrual that leads to an increase in assets will likely involve ___________.
REVENUES EENRESUV14. The account credited in the adjusting entry for depreciation is ______________ Depreciation.
ACCUMULATED MTACDEACULU15. One purpose of adjusting entries is to report revenues in the accounting period in which they are __________.
EARNED DENARE16. Accruing revenues will include a debit to a _____________ account.
RECEIVABLE AERIEBLECV17. Accruing expenses will include a credit to a ___________ account.
LIABILITY IYALLTIBI18. To avoid the double counting of accrued expenses, ____________ entries are made on the first day of the next accounting period.
REVERSING SGRNRVEIE19. An expense incurred but not yet recorded or paid will require an ___________-type adjusting entry.
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