Word Scramble for... Adjusting Entries

NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer".

If you have any difficulty answering the questions, learn more about this topic by reading our mini-lectures covering introductory to Adjusting Entries.


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 1. Adjusting entries are associated with this accounting principle. GACNIMTH MATCHING
 2. These are a common type of adjusting entries. SCALUACR ACCRUALS
 3. Another name for adjusting entries that involve prepayments. SERFRLADE DEFERRALS
 4. The type of account involved with the deferral of revenues. YILILBTIA LIABILITY
 5. This type of account is part of the entry to accrue revenues. TESAS ASSET
 6. An accrual entry involving a liability will also include this type of account. PNXEEES EXPENSE
 7. A common adjusting entry pertaining to plant assets is the recording of ______________. EDCTORIIPEAN DEPRECIATION
 8. The contra account to accounts receivable is the ____________ for doubtful accounts. CAWLNALOE ALLOWANCE
 9. Adjusting entries are usually dated as of the date of the _________ sheet. ALCNBAE BALANCE
10. _________-type adjusting entries are often reversed on the first day of the next accounting period. CUCLARA ACCRUAL
11. The expired amount of prepaid insurance premiums should be reported in the account Insurance __________. NEESPEX EXPENSE
12. An accrual that leads to an increase in assets will likely involve ___________. SUVENEER REVENUES
13. Each adjusting entry affects at least one _________ statement account. OMINEC INCOME
14. The account credited in the adjusting entry for depreciation is ______________ Depreciation. DAMETUCAUCL ACCUMULATED
15. One purpose of adjusting entries is to report revenues in the accounting period in which they are __________. DEERNA EARNED
16. Accruing revenues will include a debit to a _____________ account. CLEAVEIBER RECEIVABLE
17. Accruing expenses will include a credit to a ___________ account. TAILBYIIL LIABILITY
18. To avoid the double counting of accrued expenses, ____________ entries are made on the first day of the next accounting period. SNEGRIVER REVERSING
19. An expense incurred but not yet recorded or paid will require an ___________-type adjusting entry. URCACLA ACCRUAL
20. ____________ revenues should be reported as a liability. ANUNDREE UNEARNED

If you have any difficulty answering the questions, learn more about this topic by reading our mini-lectures covering introductory to Adjusting Entries.

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