Which accounts are reported on a balance sheet?

		Cash
		Accounts Receivable
		J. Z. Capital
		Fees Earned

All the following are temporary accounts except

		Rent Expense
		Cash
		Income Summary
		Fees Earned
		Diaz, Drawing
		Interest Revenue

You have a loan from TD Bank. Interest is $20 per month on the loan. For you, this is an example of an accrued revenue.

True

False

An adjusting entry shows a debit to Insurance Expense. The credit would be to Cash.

True

False

Recording supplies that have been used up is an example of an adjusting entry that is a deferred expense.

True

False