Match the Following Terms with the Appropriate Definition

question 273

Multiple Choice

Match the following terms with the appropriate definition.
-A journal entry made at the end of an accounting period to reflect a transaction or event that is not yet recorded; affects one or more income statement account and one or more balance sheet account,but never cash.

• A)Adjusting entry
• B)Unadjusted trial balance
• C)Prepaid expenses
• D)Natural business year
• E)Accrued expenses
• F)Adjusted trial balance
• G)Report form balance sheet
• H)Accounting period
• I)Profit margin
• J)Contra account