Accounting Mix Classification Dr Cr Adjustments Obj 1-2 Pt 1 Question Preview (ID: 16677)
Accounting Mix Classification Dr Cr Adjustmentsobj 1-2 Pt 1.
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tim recognized a problem with payables and provides a solution to his manager. he exhibited which 21 century skill
a) self direction
b) thinking and problem solving
c)
d)
jv column totals gl dr $500, gl cr $200, sales cr $350, cash dr $1000 and cash cr $950. this means
a) journal not prove
b) journal proves
c)
d)
will has almost finished the supplies ac at the end of the month. he transferred all of the info in the jv to the gl. what is the last step
a) record an account number in the jv
b) record a new account balance
c)
d)
receive cash from bill limos
a) cr cash cr AR bill limos
b) dr cash cr AR bill limos
c)
d)
paid owner cash for personal use
a) dr cash cr drawings
b) dr drawings cr cash
c)
d)
receive cash from sales
a) dr cash cr sales
b) cr cash cr sales
c)
d)
paid cash for expense
a) dr expense cr cash
b) cr expense dr cash
c)
d)
receive cash
a) cr cash
b) dr cash
c)
d)
receive cash from owner as investment
a) cr cash dr capital
b) dr cash cr capital
c)
d)
every time you pay cash
a) cr cash
b) dr cash
c)
d)
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