Fill in each blank with the correct word or term.

(1) An increase in an expense is recorded with a _______________.

(2) An increase in a revenue is recorded with a _______________.

(3) This concept says the accounting information should be current and helpful in making decisions and judgments: _______________.

(4) This concept says the accounting information should be neutral and verifiable: _______________.

(5) A _______________ asset is cash or will be turned into cash with a year.

(6) If you use the transaction analysis worksheet approach, or the journal entry-posting-T-account-trial balance approach, the resulting income statement and balance sheet will be the _______________ under both approaches.