expenes, unearsed 1- Prepaid expenses, depreciation expenses, accrued revenues, and accrued revenors are all examples of A. Income statement Accounts and Balance Shoet B. Equity Accounts C. Balance Sheet Accounts D. Asset accounts 2 An adjusting entry could be made for each of the folowing escept A. Unearned revenues B. Depreciation C. Prepaid expenses D. Owner 3. On July 1 Plum Co paid $7.500 cash rent over the coming year. Phum fellows a policy of recording all prepaid expenses to aset tinse of cash payment. On July 1 Plam should recordi A. A debit to Cash for $7,500 and a credit to an expend for $7.500. B. A debit to an expense and credit to a peepaid expense fos D. A debit to a prepaid expense and a credit to Cash for $7.500 4 An account linked with another account that has an oppoite mormal credat to a prepaid expense and a debit to Cash for $7.500 balance and is subtracted from the balance of the A. Intangible asset. B. Contra account. C. Accrued revenue. D. Accrued expense The total amount of depreciation recorded against an asset over the entire 5. time the asset has been owned: A. Is referred to as accumulated depreciation. B. Is referred to as an accrued asset C. Is only recorded when the asset is disposed of. D. Is referred to as depreciation expense. 6- Prior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the supplies showed $105 of unused supplies available. The required adjusting entry is: A. Debit Office Supplies $105 and credit Supplies Expense $254. B. Debit Office Supplies $105 and credit Office Supplies Expense $105 C. Debit Office Supplies Expense $254 and credit Office Supplies $254 D. Debit Office Supplies Expense $105 and credit Office Supplies $105 S105