Multiple Choice
Which of the following entries would record the payment of a utility bill?
A) Utilities Expense, debit; Cash, credit
B) Cash, debit; Utilities Expense, credit
C) Utilities Expense, debit; Accounts Payable, credit
D) Accounts Receivable, debit; Utilities Expense, credit
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Prepare in proper form journal entries for
Q8: Post the following to the ledger of
Q9: A journal entry affecting three or more
Q10: Renzi's Volleyball Gym purchased equipment for $1,300.
Q11: The trial balance lists the accounts:<br>A) alphabetically.<br>B)
Q13: Financial statements that are prepared for a
Q14: A compound journal entry affects more than
Q15: A debit to the liability account was
Q16: To correct an error made in the
Q17: The time period for which a statement