Journalizing Part 2
Authored by Carmi Miguel
Business
11th Grade
Used 12+ times
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5 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Received utility bill
Dr. Utilities Expense
Cr. Utilities Payable
Dr. Utilities Payable
Cr. Utilities Expense
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Paid rent using cash but the space can only be used after two months
Dr. Prepaid Rent
Cr. Cash
Dr. Cash
Cr. Prepaid Rent
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Invested cash in the business
Dr. Cash
Cr. Owrner, Capital
Dr. Owrner, Capital
Cr. Cash
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Paid cash to the local government for business permit
Dr. Permit Expenses
Cr. Cash
Dr. Cash
Cr. Permit Expenses
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Made sales and received cash
Dr. Cash
Cr. Sales Revenue
Dr. Sales Revenue
Cr. Cash
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