2 of 4 w Which of the following accounts will be included in a post-dosing trial balance? A) Unearned Service Revenue B) Service Revenue Interest Expense D) Rent Expense * VO) Patricia Event Planning Service collects fees from their customers in advance. On January 1, 2015, the balance of her Uneamed Revenue account had a balance of $6,000 (Cr.). During January and February, she collected $3,000 and $1,000 as advance fees. During the two-month period, she rendered services of $6,500. What is the balance in Uneamed Revenue at the end of February? A) Debit balance of $3,500 B) Credit balance of $3,500 Debit balance of $6,000 D) Credit balance of $6,000 H.) If an adjusting entry includes a debit to Rent Expense, that would indicate that the payment of rent had been previously recorded as an A) accrued revenue. B) prepaid expense accrued expense. D) depreciation 12) An internal document that helps summarize data for the preparation of financial statement is called az A) journal. B) worksheet ledger. D) chart of accounts 13 If a company is using the accrual basis accounting method, when should it record its earned revenue? A) When cash is received, 30 days after the completion of the services B) When cash is received, even though services may be rendered at a later date When services are completely rendered and cash is received D) When services are rendered, even though cash may be received at a later date 94 Rose Company earned venues of $15.000 and incurred expenses of $9,000. The withdrawals of Mary Rose, the owner, were $3,000. What is the balance in the Income Summary account after closing Net Income or loss to the Rose, Capital account? A) Balance of $0 B) Credit balance of $6,000 Debit balance of $15,000 D) Credit balance of $9.000 IS Which of the following categories of accounts are temporary accounts that are closed at the end of the year? A) Assets, liabilities and withdrawals B) Revenues, expenses and capital Revenues, expenses and withdrawals D) Assets, liabilities and capital J. The accounting principle that ensures that all expenses are recorded when they are incurred during the period, and compare those expenses against the revenues of the period is called the principle. A) accrual B) revenue recognition matching D) comparison