Journalizing
Authored by Carmi Miguel
Business
11th Grade
Used 17+ times
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5 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Rendered service to customer but promised to pay next month
Dr. Accounts Receivable
Cr. Service Revenue
Dr. Service Revenue
Cr. Accounts Receivable
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Purchased machine for cash
Dr. Machine
Cr. Cash
Dr. Cash
Cr. Machine
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Withdrew cash for personal use
Dr. Owner, Drawings
Cr. Cash
Dr. Cash
Cr. Owner, Drawings
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Purchased inventories through credit
Dr. Inventories
Cr. Accounts Payable
Dr. Accounts Payable
Cr. Inventories
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Paid salaries to employee
Dr. Salaries Expense
Cr. Cash
Dr. Cash
Cr. Salaries Expense
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