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