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Match the following Expenses paid before they are incurred Allocating the cost of an asset over time An accounting period of 12 months or 52
Match the following Expenses paid before they are incurred Allocating the cost of an asset over time An accounting period of 12 months or 52 weeks Interim period / part year Revenues earned but 2 Fiscal year not yet billed or received 3 Unearned revenue A contra asset account Prepaid expenses Expenses incurred but 5 Adjusted trial balance not yet recorded or paid 6. Accrued revenue A Trial Balance Depreciation prepared after the adjusting entries have been made 8 Accumulated Depreciation Cash which has been received in advance of services being performed Accrued expenses 10. Carrying amount Book value Historical cost less accumulated depreciation An accounting period of less than 12 months
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