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lisbilay, or equiry item is neconded and stered is calfod a(n): A. Joumal. 11. Lodiret. C. Teial balance. D. Ncciumt. E. Coart of acceunta. 2.

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lisbilay, or equiry item is neconded and stered is calfod a(n): A. Joumal. 11. Lodiret. C. Teial balance. D. Ncciumt. E. Coart of acceunta. 2. An acceunt used to recoed the oener's investmetss in the busitess plas any miore or less permanent changes. it the cqaity is callod aist: A. Withdrawals account. B. Capital acterent. C. Asset ascieant. 13. Fingsenc accoent. F. Revoriae acequnt. A. Revsouc accoumt. B Withdrawale accinat. C. C epital ascourt. D. Irypcese accoreant. 1. Liability accourt 4. Whech of the follewing stakenstis is ceecct? callod Prepaisd lastarimee. 7i. Cronss and vorvises are contmoely wold be customsrs en the bowis of seal of implived promises of teture puyment, called powtissaey tades. C. Increane and decreact in canh are alsays rocerded in the oquity accoact. Whited to a traincwe, 1. Noes of these statonceis ane coerest 5. Uncamod wexracs are: A. Revesues that hane been earnad and mexivedt 77. Revenacs that have hecn camcul het not yet sollected. D. Resosded as at aswet in the acowenting roconts. 1. Increases do ouncrs' oguity. d. Prejaid ceprtens are. A. Payments inade foe cconstnic benclita that neter cxpine. 7. Classifiod as liabihtice en the bulance Moset. 1. Aluzys didhired to an evpens accoum. 7. Wlack of the follere iny italcaticts is coetect? A. The left side of a T-acooure is the creptit side: H. Eatries that decreate actet and expette acoesnts, of increase liability, equity, and reverue accounts are Foviod as dcbits. C. Ibe left side of a T-accotat is the dcbit sise. 13. The right side of a T-acceune is the deteil side. 1. Entries that increase assi, evpertee, ard revense aceverts are porded as dehits. dases) is a(a) A. Unamed recknuy. 11. Prepaid expense

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