Business

11th

grade

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Accounting Transaction

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10 questions

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  • 1. Multiple Choice
    30 seconds
    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
    30 seconds
    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
    30 seconds
    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

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