no need for explanation, just give the answer for each one of them, if you can't do all of them just leave it for other tutoor

Question 5 0.5 pts Discount received is a.... Liability Gain Expense O Loss Question 6 0.5 pts The first statement prepared from the adjusted Trial Balance is; Income statement Statement of cash flows Balance sheet Statement of changes in owner's equity Question 7 0.5 pts The process of recording the transactions in Ledger is called; Journalizing Balancing Posting Matching Question 8 0.5 pts Trial Balance is a proof of; Arithmetical accuracy Balancing Matching Fundamental accuracy