1. Which of the following accounts is most likely to be debited when a company records deferred revenue during the accounting period?
   1. Common Stock
   2. Accounts Receivable
   3. Accounts Payable
   4. Cash
   5. Deferred Revenue
2. True or False: Most adjusting journal entries will affect at least one balance sheet account and at least one income statement account.
   1. True
   2. False