Accounting Transaction
6 months ago
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10 QuestionsShow answers
  • Question 1
    30 seconds
    Q.

    Purchased of supplies for cash

    answer choices

    Dr. Cash

    Cr. Supplies

    Dr. Supplies

    Cr. Accounts Payable

    Dr. Supplies

    Cr. Cash

    Dr. Supplies

    Cr. Income

  • Question 2
    30 seconds
    Q.

    Investment by owner

    answer choices

    Dr. Cash

    Cr. Revenue

    Dr. Owner's Capital

    Cr. Cash

    Dr. Cash

    Cr. Accounts Receivable

    Dr. Cash

    Cr. Owner's Capital

  • Question 3
    30 seconds
    Q.

    Purchase of supplies on credit

    answer choices

    Dr. Cash

    Cr. Accounts Payable

    Dr. Supplies

    Cr. Accounts Payable

    Dr. Supplies

    Cr. Accounts Receivable

    Dr. Supplies

    Cr. Cash

  • Question 4
    30 seconds
    Q.

    Service Income performed on account

    answer choices

    Dr. Accounts Receivable

    Cr. Service Income

    Dr. Service Income

    Cr. Accounts Receivable

    Dr. Cash

    Cr. Accounts Payable

    Dr. Service Income

    Cr. Accounts Receivable

  • Question 5
    30 seconds
    Q.

    Paid the house rent of employee in cash

    answer choices

    Dr. Cash

    Cr. Rent Expense

    Dr. Rent Expense

    Cr. Accounts Receivable

    Dr. Accounts Payable

    Cr. Rent Expense

    Dr. Rent Expense

    Cr. Cash

  • Question 6
    30 seconds
    Q.

    Service Income performed for cash and credit

    answer choices

    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

  • Question 7
    30 seconds
    Q.

    Payment of Telephone expenses

    answer choices

    Dr. Telephone

    Cr. Cash

    Dr. Telephone

    Cr. Accounts Payable

    Dr. Accounts Receivable

    Cr. Telephone

    Dr. Cash

    Cr. Telephone

  • Question 8
    30 seconds
    Q.

    Payment of supplies purchased on credit

    answer choices

    Dr. Supplies

    Cr. Accounts Payable

    Dr. Cash

    Cr. Accounts Payable

    Dr. Accounts Payable

    Cr. Cash

    Dr. Accounts Payable

    Cr. Supplies

  • Question 9
    30 seconds
    Q.

    Received payment from service rendered

    answer choices

    Dr. Cash

    Cr. Accounts Receivable

    Dr. Accounts Receivable

    Cr. Cash

    Dr. Service Income

    Cr. Cash

    Dr. Cash

    Cr. Accounts Receivable

  • Question 10
    30 seconds
    Q.

    Purchased addition equipment by credit and in cash

    answer choices

    Dr. Cash

    Dr. Equipment

    Cr. Accounts Payable

    Dr. Accounts Payable

    Dr. Cash

    Cr. Equipment

    Dr. Equipment

    Cr. Accounts Payable

    Cr. Cash

    Dr. Equipment

    Dr. Accounts Payable

    Cr. Cash

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