Match the Terms Below with the Correct Definitions

Multiple Choice

Match the terms below with the correct definitions.
-Liability account that is credited when cash is received in advance for the delivery of goods or services to be earned in two fiscal periods

A) Unearned Revenue
B) Income Summary
C) First merchandise inventory adjusting entry (periodic system)
D) Beginning merchandise inventory
E) Ending merchandise inventory
F) Periodic inventory system
G) Wages Payable
H) Wages Expense
I) Purchases
J) Second merchandise inventory adjusting entry (periodic system)