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1.Complete each of the following sentences by supplying the missing word or words. A._The period of time over which the earnings of a business are

1.Complete each of the following sentences by supplying the missing word or words.

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A._The period of time over which the earnings of a business are measured is called the period. B._Because Revenue, Expense, and Drawings accounts accumulate data for only one accounting period, they are called accounts. C._All Revenue, Expense, and Drawings accounts must begin the next accounting period with balances. D.JThe account must be updated to show the beginning balance for the new accounting period. E._Entries made at the end of an accounting period to transfer the balances of temporary accounts t( the Capital account are called F. _To close out a revenue account, the Revenue account is and the Income Summary account is G. AnAccurnulated Depreciation account is called a or account. H. Ifa net loss occurred, the Income Summary account would have a balance before it is closed out. I. _To close out the Drawings account, the Capital account will be , and the Drawings account will be J. _To record the adjusting entry for the depreciation of oice equipment, the account credited is

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