Life Skills

12th -

University

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Journal Entries Practice

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18 questions

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  • 1. Multiple Choice
    1 minute
    1 pt

    Bob's Burgers received $100 for sale of burgers. What is the journal entry?

    Debit Cash $100, Credit Sales Revenue $100

    Debit Sales Revenue $100, Credit Cash $100

    Debit Accounts Receivable $100, Credit Sales Revenue $100

    Debit Sales Revenue $100, Credit Accounts Receivable

  • 2. Multiple Choice
    2 minutes
    1 pt

    Paid rent for 3 months $1800, what is the journal entry? Select all that apply.

    Debit Cash $1800, Credit Prepaid Rent $1800

    Debit Prepaid Rent $1800, Credit Cash $1800

    Debit Rent Expense $1800, Credit Cash $1800

    Debit Prepaid Rent Expense$1800, Credit Cash $1800

  • 3. Multiple Choice
    45 seconds
    1 pt

    What kind of account is unearned revenue?

    Liability

    Revenue

    Asset

    Expense

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