
Accounting Transaction
Authored by Leah Blacer
Business
11th Grade
Used 2K+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchased of supplies for cash
Dr. Cash
Cr. Supplies
Dr. Supplies
Cr. Accounts Payable
Dr. Supplies
Cr. Cash
Dr. Supplies
Cr. Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investment by owner
Dr. Cash
Cr. Revenue
Dr. Owner's Capital
Cr. Cash
Dr. Cash
Cr. Accounts Receivable
Dr. Cash
Cr. Owner's Capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchase of supplies on credit
Dr. Cash
Cr. Accounts Payable
Dr. Supplies
Cr. Accounts Payable
Dr. Supplies
Cr. Accounts Receivable
Dr. Supplies
Cr. Cash
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service Income performed on account
Dr. Accounts Receivable
Cr. Service Income
Dr. Service Income
Cr. Accounts Receivable
Dr. Cash
Cr. Accounts Payable
Dr. Service Income
Cr. Accounts Receivable
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid the house rent of employee in cash
Dr. Cash
Cr. Rent Expense
Dr. Rent Expense
Cr. Accounts Receivable
Dr. Accounts Payable
Cr. Rent Expense
Dr. Rent Expense
Cr. Cash
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service Income performed for cash and credit
Dr. Service Income
Cr. Cash
Cr. Accounts Receivable
Dr. Accounts Payable
Dr. Cash
Cr. Service Income
Dr. Cash
Dr. Accounts Receivable
Cr. Service Income
Dr. Service Income
Cr. Cash
Cr. Accounts Payable
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment of Telephone expenses
Dr. Telephone
Cr. Cash
Dr. Telephone
Cr. Accounts Payable
Dr. Accounts Receivable
Cr. Telephone
Dr. Cash
Cr. Telephone
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