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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Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.
