WorksheetsJM Photocopying Center Transactions
Total questions: 24
Worksheet time: 12mins
For the transaction: Paid the monthly rent of 5,000. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Paid the monthly rent of 5,000. Identify the account to be debited.
Rent Expense
Cash
Accounts Payable
Service Revenue
For the transaction: Paid the monthly rent of 5,000. Identify the account to be credited.
Cash
Rent Expense
Accounts Receivable
Owner's Capital
For the transaction: Received 3,000 cash for photocopying services. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Received 3,000 cash for photocopying services. Identify the account to be debited.
Cash
Service Revenue
Accounts Receivable
Owner's Capital
For the transaction: Received 3,000 cash for photocopying services. Identify the account to be credited.
Service Revenue
Cash
Unearned Revenue
Accounts Payable
For the transaction: Purchased supplies on account for 1,800. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Purchased supplies on account for 1,800. Identify the account to be debited.
Supplies
Accounts Payable
Cash
Service Revenue
For the transaction: Purchased supplies on account for 1,800. Identify the account to be credited.
Accounts Payable
Supplies
Cash
Accounts Receivable
For the transaction: Received 4,000 cash from a customer on account. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Received 4,000 cash from a customer on account. Identify the account to be debited.
Cash
Accounts Receivable
Service Revenue
Unearned Revenue
For the transaction: Received 4,000 cash from a customer on account. Identify the account to be credited.
Accounts Receivable
Cash
Service Revenue
Owner's Capital
For the transaction: Paid 2,500 for utilities and 500 for taxes in one payment. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Paid 2,500 for utilities and 500 for taxes in one payment. Select all accounts that should be debited.
Utilities Expense
Taxes Expense
Cash
Accounts Payable
For the transaction: Paid 2,500 for utilities and 500 for taxes in one payment. Identify the account to be credited.
Cash
Utilities Expense
Taxes Expense
Accounts Receivable
For the transaction: Owner invested 10,000 cash into the business. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Owner invested 10,000 cash into the business. Identify the account to be debited.
Cash
Owner's Capital
Service Revenue
Accounts Receivable
For the transaction: Owner invested 10,000 cash into the business. Identify the account to be credited.
Owner's Capital
Cash
Unearned Revenue
Notes Payable
For the transaction: Earned 3,500 service revenue—2,000 cash and 1,500 on account. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Earned 3,500 service revenue—2,000 cash and 1,500 on account. Select all accounts that should be debited.
Cash
Accounts Receivable
Service Revenue
Unearned Revenue
For the transaction: Earned 3,500 service revenue—2,000 cash and 1,500 on account. Identify the account to be credited.
Service Revenue
Cash
Accounts Receivable
Owner's Capital
For the transaction: Paid 1,200 of Accounts Payable. Determine whether the journal entry is a simple or compound entry.
Simple entry
Compound entry
For the transaction: Paid 1,200 of Accounts Payable. Identify the account to be debited.
Accounts Payable
Cash
Supplies
Notes Payable
For the transaction: Paid 1,200 of Accounts Payable. Identify the account to be credited.
Cash
Accounts Payable
Accounts Receivable
Owner's Capital
