bb-bc.blackboard.com Remaining Time: 2 houn, 32 minutes, 24 seconds. Question Completion Status: QUESTION 16 1 points For any business, there will always be either 3 or 4 adjusting entries at the end of every accounting period. True False QUESTION 17 1 points Depreciation (amortization) expense costs businesses a large amount of cash every year Thie False QUESTION 18 1 points stone that will reduce the sequity or a Se Remaining Time: 2 hours, 27 minutes, 54 seconds Question Completion Status: QUESTION 19 1 points 1 Revenues for a given period are greater than Expenses for the same period, the company has suffered a Net Loss, True False QUESTION 20 1 points there were no adjusting entries to put through the accounting system, there would be no need for an Adjusted Tral Balance QUESTION 21 1 points $ & 5 QUESTION 21 Unearned Revenue is (obviously) a Revenue account O True False Cone and Sub Bad Scotus: QUESTION 22 Once it has been approved by top management of a company, the Adjusted Trial Balance is a document that anyone, Inside or outside the company, can read. True 1 po False QUESTION 24 Some Liability accounts can be used in adjusting entries True 1 points QUESTION 25 Men On se points