Multiple Choice
On October 3, Josh Antonio, a carpenter, received a cash payment for services previously billed to a client. Josh paid his telephone bill, and he also bought supplies on credit. For the three transactions, at least one of the entries will include a
A) credit to Retained Earnings.
B) credit to Notes Payable.
C) debit to Accounts Receivable.
D) credit to Accounts Payable.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: If a company has overdrawn its bank
Q18: Which of the following is not true
Q103: At October 1, 2014, Padilla Industries had
Q104: A classmate who is a computer science
Q105: Match the items below by entering the
Q108: Which account below is not a subdivision
Q109: The general policy for using proper currency
Q110: For each transaction given, enter in the
Q111: In the first month of operations, the
Q184: In recording an accounting transaction in a