QUESTION 6 A worksheet is an internal tool prepared routinely throughout the year and includes the following: O Individual Transactions Unadjusted Trial Balance Proof of Accounts O Chart of Accounts 2 points Save Answer QUESTION 7 1 points Save Answer Assets that are recorded when purchased in advance of becoming an operational expense when adjusted later are called Accrued Expenses. True False QUESTION 8 2 points Save Answer The temporary accounts that are used to record purchases and sale of merchandise and related transactions in a Periodic System are O Inventory, Sales, and Cost of Goods Sold Inventory, Sales, Sales Returns and Allowances, Sales Discounts, Cost of Goods Sold, and Purchases O Inventory, Cost of Goods Sold, and Cash Sales, Sales Returns and Allowances, Sales Discounts, Purchases, Purchases Returns and Allowances, Purchases Discounts, Freight-In