recording payroll 9. Match each section of the trial balance to the examples of items reported in that section. Examples Sections A. B. Accounts Payable, Credit Cards, GST/HST Sales, Markups, Sales Discounts 1. Assets 2. Liabilities C. Rent, Interest, Utilities, Insurance 3. Equity D. Non-deductible Penalties, Interest Income 4. Revenue E. Inventory Shrinkage, Freight, Direct Costs F. Chequing, Equipment, Inventory G. Owner's Investments, Retained Earnings 7. N 5. 6. Cost of Goods Sold Expenses Other Income/ Expenses 10. What date should be used as the date to close the books? A. the last day of the reporting period, often the end of the fiscal year B. the last day the books were adjusted in QBO C. the date taxes were filed D. the current day 11. Which of these is NOT one of the three most frequently used financial reports produced by accounting professionals at the completion of the fiscal period end tasks? A. Statement of Cash Flows B. Profit and Loss Statement C. Statement of Owner's Equity D. Balance Sheet 12 Which statement in true shout the color toy madu