The detailed document of the changes in a certain asset, liability, or stockholder equity is calledA. An account B. A journalC. A ledgerD. A trial balance

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Which of the following accounts is a liability?A. Accounts ReceivablesB. Service RevenueC. Unearned RevenueD. Prepaid Rent Expense
The left side of an account is provided to document which ofthe following?A. Delittle bit or crmodify, depending on the form ofaccountB. IncreasesC. CreditsD. Debits
Which of the following statements is correct?A. Prepaid Expenses are decreased via a debitB. Unearned Revenue is enhanced with a debitC. Rent Expense is increased with a creditD. Accounts Payable is enhanced via a credit
Your service purchased office provides of $2,500 on account. The journal entry to document this transaction is as follows: Delittle CreditA. Office Supplies 2,500 Accounts Receivables 2,500B. Office Supplies 2,500 Accounts Payable 2,500C. Accounts Payable 2,500 Office Supplies 2,500D. Cash 2,500 Accounts Payable 2,500
Sedlor Properties purchased office gives on account for $800. Which journal entry documents the payment on account of those office supplies? Delittle CreditA. Accounts Payable 800 Accounts Receivables 800B. Accounts Payable 800 Cash 800C. Cash 800 Accounts Payable 800D. Office Supplies 800 Cash 800
Posting a $2,500 purchase of office offers on account shows up as follows:A. Cash: Credit:2,500 Office Supplies: Debit:2,500 B. Office Supplies: Credit:2,500 Accounts Payable: Debit:2,500 C. Office Supplies: Debit: 2,500 Accounts Receivables: Credit:2,500 D. Office Supplies: Debit:2,500 Accounts Payable: Credit:2,500
Pixel Copies taped a cash arsenal on account by debiting Cash and also crediting Accounts Payable. What will certainly the trial balance display for this error?A. Cash is overstatedB. Liabilities are overstatedC. Expenses are overstatedD. The trial balance will certainly not balance
Which sequence correctly summarizes the bookkeeping process?A. Journalize transactions, post to the accounts, prepare a trial balance. B. Journalize transactions, prepare a trial balance, short article to the accountsC. Blog post to the accounts, journalize transactions, prepare a trial balanceD. Prepare a trial balance, journalize transactions, article to the accounts
Nathville Laundry reported assets of $800 and equity of $480. What is Nathville"s debt ratio?A. 60%B. 40%C. 67%D. Not sufficient information is provided

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