Multiple Choice
Division report options include -
A) choosing any or all of the revenue and expense accounts
B) available drill-down report options
C) summary or detail formats
D) all of the above ****Use the following journal entry display to answer the next four questions #9-#12)
Aug 08,2013 Debits Credits Division
5300 Wage Expense 582.40 -
- Administration 116.48
- Sales 349.44
- Services 116.48
5310 EI Expense 21.17 -
- Administration 4.23
- Sales 12.70
- Services 4.24
5320 CPP Expense 13.61 -
- Administration 2.72
- Sales 8.17
- Services 2.72
5330 WSIB Expense 17.53 -
- Administration 3.51
- Sales 10.52
- Services 3.50
5360 EHT Expense 5.49 -
- Administration 1.10
- Sales 3.29
- Services 1.10
1080 Bank Account: Chequing - 421.37
2300 Vacation Payable - 22.40
2310 EI Payable - 36.29
2320 CPP Payable - 27.22
2330 Income Tax Payable - 64.90
2390 EHT Payable - 5.49
2400 RRSP Payable - 25.00
2430 United Way Payable - 20.00
2460 WSIB Payable - 17.53
640) 20 640.20
Correct Answer:

Verified
Correct Answer:
Verified
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