HI! Need HELP with the following multiple questions for accounting (mainly about adjusting accounts) Thank you in advance.

23. Entries required at the end of an accounting period to bring the accounts up to date and to ensure the proper matching of income and expenses are called a. adjusting entries. b. correcting entries.c. contra entries. d. matching entries. 24. Adjusting entries a. bring asset and liability accounts to correct balances. b. assign revenues to the period in which they are earned. c. help to properly measure the period's profit or loss. d. all of the above. Part 3 1. Which of the following transactions during the year would most likely not need an adjusting entry at the end of the period? a. Cash withdrawal by the owner. c. Performance of a service that previously paid. b. Purchase of a two-year insurance policy. d. Purchase of office equipment. 2. The recording of an expense could result in a corresponding increase in a. Revenue b. an asset c. a liability d. owner's equity 3. Which of the following accounts would likely not need to be adjusted at year-end? a. Land c. Prepaid Advertising b. Unearned Revenues d. Office Supplies 4. Which of the following transactions will not result in the recognition of an expense? a. Expiration of prepaid insurance. c. Expiration of prepaid insurance. b. Use of machinery during the period. d. Interest accrued on a bank loan. 5. Which of the following transactions will not result in an increase in revenues? a. An investment in the business by the owner. b. Accumulation of interest in bank account. c. Sale of goods on credit. d. Sale of services for cash. 6. The accountant may spread the cost of a building over many years primarily because of the a. fiscal year assumption. c. periodicity and going concern assumption. b.going concern assumption. d. periodicity assumption. 7. Which of the following accounts would probably need to be adjusted at year-end? a. Land b. Supplies c. Withdrawals d. Notes Payable 8. An adjusting entry can include a debit to a(n) a. revenue and credit to an asset. c. liability and a credit to a revenue. b. asset and a credit to a liability. d. expense and a credit to a revenue. 9. An adjusting entry cannot include a debit to a(n) a. asset and a credit to a liability. c. expense and a credit to an asset. b. liability and a credit to a revenue. d. asset and a credit to a revenue. 10. Which of the following is an example of a deferral? a. Medical fees earned but not yet collected. c. Interest expense incurred but not yet paid. b. A commission collected in advance. d. Interest earned on a bank account. 11. An adjusting entry would not include in which of the following accounts? a. Cash c. Property Taxes Payable b. Unearned Revenues d. Interest Receivable 12. Which of the following is an example of accrual? a. Six months' rent paid in advance. c. Equipment purchased for use in the business. b. Interest earned but not yet received. d. Bookkeeping fees collected but not yet earned. 13. Failure to record depreciation at year-end will result in an a. overstatement of total assets. c. understatement of total liabilities. b. overstatement of total liabilities, d. understatement of profit. 14. The adjustment for that portion of revenue received in advance which was earned is to debit a. Cash and credit Unearned Revenues. c. Unearned Revenues and credit Service Revenues. b. Unearned Revenues and credit Cash. d. Service Revenues and credit Unearned Revenues. 15. An adjusting entry made to record interest on a note payable due next year consists of a debit to a. Interest expense and a credit to Cash. b. Interest Expense and a credit to Interest Payable. c. Interest Receivable and a credit to Interest Earned. d. Interest Expense and a credit to Notes Payable. 16. Failure to adjust for accrued Salaries at year-end will result in an a. overstatement of profit. c. understatement of owner's equity. b. overstatement of liabilities. d. understatement of assets