8 [10 points] Choose the term that best matches each of the following descriptions: a) select answer b) select answer c) select answer d) select answer e) select answer f) select answor g) select answer h) select answer i) select answer j) select answer D The steps followed each accounting period to prepare financial statements. The process of recognizing revenues when earned and expenses when incurred regardless of when cash is exchanged. Transfers each revenue and expense account balance, as well as any balance in the dividend account, into retained earnings. Accounts that have a continuing balance from one fiscal year to the next. a An asset or liability account requiring adjustment at the end of an accounting period