A Match each term or phrase with its description below. a. b. C. d. Expenses paid in cash before they are used or consumed. The difference between the cost of a depreciable asset and its related accumulated depreciation. A list of accounts and their balances after all adjustments have been made. Entries made at the end of an accounting period to ensure that the revenue recognition and expense recognition principles are followed. Entries at the end of an accounting period to transfer the balances of temporary accounts to a permanent stockholders' equity account, Retained Earnings. Revenue, expense, and dividend accounts whose balances a company transfers to Retained Earnings at the end of an accounting period, e. f. Len Daniel started his own consulting firm, Daniel Consulting, on June 1, 2022. The trial balance at June 30 is as follows. DANIEL CONSULTING Trial Balance June 30, 2022 Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Debit $6,850 7,000 1,982 3,480 15,000 $4,250 A Match each term or phrase with its description below. a. b. C. d. Expenses paid in cash before they are used or consumed. The difference between the cost of a depreciable asset and its related accumulated depreciation. A list of accounts and their balances after all adjustments have been made. Entries made at the end of an accounting period to ensure that the revenue recognition and expense recognition principles are followed. Entries at the end of an accounting period to transfer the balances of temporary accounts to a permanent stockholders' equity account, Retained Earnings. Revenue, expense, and dividend accounts whose balances a company transfers to Retained Earnings at the end of an accounting period, e. f. Len Daniel started his own consulting firm, Daniel Consulting, on June 1, 2022. The trial balance at June 30 is as follows. DANIEL CONSULTING Trial Balance June 30, 2022 Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accounts Payable Debit $6,850 7,000 1,982 3,480 15,000 $4,250