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$10.$ This is prepared after making the closing entries, again to prove the equality of the debits and the credits.

a$.$ Adjusted trail balance

c$.$ Financial statements

b$.$ Post$-$closing trial balance

d$.$ Accounting equation

Test II MATCHING DEFINITIONS WITH TERMS WRITE THE LETTER OF YOU CHOICE ON THE LEFT SIDE OF THE DEFINITION.

DEFINITIONS

A revenue not yet earned, collected in advance.

Office supplies on hand used in the next period.

Rent revenue collected, not yet earned.

Rent not yet collected, already earned.

An expense incurred, not yet paid or recorded.

A revenue earned, not yet collected.

An expense not yet incurred; paid in advance.

Property taxes incurred, not yet paid.

Supplies for office use were purchased during the year for P$5,000,$ and P$1,000$ of the office supplies remained on hand at year end.

Interest of $P2,000$ on a note receivable was earned at yearend, although collection of the interest is not due until the following year.

TERMS

A$.$ Accrued expense

B$.$ Prepaid expense

C$.$ Accrued revenue