for each of the following items select the letter of the best answer and write it in 4352231

 

For each of the following items, select the letter of the best answer and write it in the space provided.

a.Depreciation expense

b.Interest expense

c.Unearned revenue

d.Accumulated depreciation

e.Interest payable

f.Retained earnings

11.Obligations arising from the receipts of advance payments from customers for goods or services to be provided in the future.

12.An amount owed and not yet paid to creditors for the use of their money during a fiscal period.

13.The cost of fixed assets recognized as being consumed during a fiscal period.

14.Provides the linkage between revenues and expenses and owners' equity.

15.The cost associated with borrowing money during a fiscal period.

16.The portion of fixed asset costs allocated to expense since the assets were acquired.

 

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