Choose the term that bost matches each of the following descriptions: a) select answer b) select answer c) select answer d) select answer e) select answer f) select answer g) select answer h) select answer i) select answer j) select answer Official Time: 11:53:59 Accounts where the balances are zeroed at the end of each accounting period States that expenses are to be reported in the same period as the revenues they helped generate. Transfers each revenue and expense account balance, as well as any balance in the dividend account, into retained earnings An estimate of what the plant and equipment asset will be sold for when it is no longer used by a business. A cash-to-cash sequence of transactions that usually starts with cash on hand and ends when cash is collected from customi A trial balance where the accounts have not yet been adjusted. An asset or liability account requiring adjustment at the end of an accounting period. Allocates the depreciable cost of an asset equally over the asset's estimated useful life. The process of allocating the cost of a plant and equipment asset over the period of time it is expected to be used. A revenue that has been earned but has not yet been collected or recorded. SUBMIT AND MARK