10. Current assets are listed on the balance sheet a. by order of expected conversion to cash. b. by importance c. by longevity d. alphabetically 11. Which of the following transactions produces an increase in revenues? a. Sales of land at cost for cash b. Sales of a service on credit C. Collection of cash on account d. Receipt of cash from a bank loan 12. Give an example of a procedure that would provide a good internal control for cash. answers to this question. You should give just one and be specific. There are many correct 13. Mark those accounts that would still have a balance after the closing entries had been made with an X. Commission Revenue Cash Retained Earnings Dividend Salaries Payable Insurance Expense Accumulated Depreciation Prepare the following adjusting entries in proper form with explanations for August 2017. entry to be made write NO ENTRY If there is no 14. a. Depreciation on office equipment is $350.00 for the month of August. Record the depreciation