Question 1 2 pts Which of the following accounts are debited to record increases? assets and expenses dividends and liabilities expenses and liabilities assets and liabilities Question 2 2 pts The matching principle addresses the relationship between the journal and the balance sheet determines whether the normal balance of an account is a debit or credit requires that the dollar amount of debits equal the dollar amount of credits on a trial balance states that the revenues and related expenses should be reported in the same period Question 3 2 pts Deferred revenue is revenue that is earned and the cash has been received earned but the cash has not been received not earned and the cash has not been received not earned but the cash has been received Question 4 2 pts Which of the following is not a characteristic of a corporation? Corporations are organized as a separate legal taxable entity. Ownership is divided into shares of stock. Corporations experience an ease in obtaining large amounts of resources by issuing stock. A corporation's resources are limited to its individual owners' resources