5. Which of these is a non-cash transaction a. Paying expenses b. Issuing Shares c. Receiving interest earned d. Sales on account 6. Unearned revenue is an example of a Deferral in adjusting entry a. True b. False 7. Which of these accounts are involved in closing entries a. Revenue b. Assets c. Liability d. Income Tax payable I 8. Which of these are involved on the Bank Side of reconciliation a. Deposits in Transit b. EFT c. NSF Cheques d. Service Charge