1.Entries that record an expense before the cash is paid are:

Select one:a.

unearned revenues.

b.

accrued expenses.

c.

accrued revenues.

d.

prepaid expenses.

2.

Before the last step in preparing the worksheet is complete the income statement and statement of financial position columns of Pine Company's worksheet reflects the following sub-totals:

Income Statement		Statement of financial position
Dr	Cr.	Dr.	Cr.
$58000	$45000	$34000	$47000

To enter the profit (or loss) for the period into the above worksheet requires an entry to the

Select one:a.

income statement debit column and the statement of financial position credit column.

b.

income statement debit column and the income statement credit column.

c.

statement of financial position debit column and the statement of financial position credit column.

d.

income statement credit column and the statement of financial position debit column.