Matching Reference: 03_182 Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter...

Matching

Reference: 03_182

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the correct term by placing the letter designating the term in the space provided.

Terms:

a. Accrued expenses

b. Adjusted trial balance

c. Adjusting entries

d. Depreciation expense

e. Balance sheet

f. Prepaid expenses

g. Expenses

h. Post-closing trial balance

i. Income statement

j. Trial balance

182. ____ Financial statement showing that assets equal liabilities plus stockholders’ equity.

Refer To: 03_182

183. ____ Assets created before the expense is recognized.

Refer To: 03_182

184. ____ A list of accounts and their balances used as the source data to prepare the financial statements.

Refer To: 03_182