Adjusting entries always include: Select one or more: Da One income statement and one balance sheet account Ob. Two balance sheet accounts c. Two Income statement accounts Question 7 Not yet answered Made out of 0.50 Flag Questos What are accounts used to record revenues, expenses, and withdrawals; they are closed at the end of each period. Select one or more: a. Single accounts b. Temporary accounts c. Long-term accounts d. Permanent accounts Which financial statement shows the company's assets equals the company's liabilities and equity. Select one or more: ca. Statement of Owner's Equity b. Balance Sheet c. Income statement d. Statement of Cash Flows Question 9 Answer saved Marked out of 0.50 Flag question If revenue is $100,000 and expenses are $25,000, net income is: Select one or more a $125,000 b. $75,000 c. $4 d. $100,000 Which of the following is a permanent account? Select one or more: a. Insurance Expense b. Service Fees Earned c. Prepaid Insurance d. Owner Withdrawals Which of the following best describes accounts receivable? Select one or more Diaexpense b. Equity c. Withdrawal d. Asset De Liability f.revenue Question 2 Anderson Insurance Expense would appear on which of the following financial statements? Select one or more a. Income Statement b. Statement of Owner's Equity c Balance Sheet