Exam 4: The Accounting Cycle Continued

A form used to organize and check data before preparing financial reports is known as a(n):

Not recording the Prepaid Rent used causes:

The spreading or allocating of the cost of a long-term asset is called depreciation.

Which of the following accounts would most likely not need to be adjusted at the end of the year?

The adjusted trial balance on the worksheet shows Accumulated Depreciation,$1,200,and Depreciation Expense,$900.What was the balance in the Accumulated Depreciation account before the adjustment?