A net income is entered in the _________ column of the Income Statement section.

Drawing a line under a column of amounts is known as ______.

The ________ explains The Who, what, and when of the work sheet.

A net income or loss will increase or decrease the _____ account.

The ______ of the work sheet includes all the general ledger accounts.

According to the ____, expenses are matched against revenue for the same period.

When the Income Statement debit column total is greater than the Income Statement credit column total, a(n) _____ occurs.

The _____ of the work sheet includes only the temporary general ledger accounts.

A net income is entered in the _______ column of the Balance Sheet section.

The ____ of the work sheet includes all permanent general ledger accounts.

The amount left after expenses for the period have been subtracted from revenue for the period is _____.

Transferring balances from the Trial Balance section is called _______ the balances.

A working paper used to collect information from the ledger accounts is a(n) ________.

If the debit column of the Income Statement section of the work sheet is greater than the credit column of the Income Statement section, there is _______.

A net loss decreases the balance in the___.

Amounts from the Trial Balance section are extended first to

Total expenses for the period are reflected in the totals of the _____ of the Income Statement section.

The amount of net income for the period is added to the total of the credit column of the Balance Sheet section because it increases the balance in the ______ account.

cash in bank has a

Expenses have a

capital has a

Accounts Payables have a

Accounts Receivable have a

office equipment is

A revenue account has a

withdrawals account has a

Income Statement includes the following types of accounts:

The balance sheet is composed of the following types of accounts: