8.Adjusting entries always include
a.only balance sheet accounts
b.the cash account
c.only income statement accounts
d.at least one income statement account and one balance sheet account
9.Prior to the adjusting process, accrued revenue has
a.been earned and not recorded as revenue
b.not been recorded as revenue but cash has been received
c.not been earned but recorded as revenue
d.been earned and cash received
10.The term used to describe an expense that has not been paid and has not yet been recognized in the accounts by a routine entry is
a.accrued
b.matched
c.prepaid
d.deferred





