Office Supplies, debit; Accounts Payable, credit c ANSWER: Challenging DIFFICULTY: Bloom’s: Remembering ACCT.WARD.16.02-02 - 02-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.06 - Recording Transactions ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Cash was paid by Cleaning Service to creditors on account. Which of the following entries for Janer's Cleaning Service records this transaction? Cash, debit; Debbi Janer, Capital, credit Accounts Payable, debit; Cash, credit Accounts Receivable, debit; Cash, credit Accounts Payable, debit; Account Receivable, credit b ANSWER: Challenging DIFFICULTY: Bloom’s: Remembering ACCT.WARD.16.02-02 - 02-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.06 - Recording Transactions ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic The process of initially recording a business transaction is called closing posting journalizing balancing c ANSWER: Easy DIFFICULTY: Bloom’s: Remembering ACCT.WARD.16.02-02 - 02-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.06 - Recording Transactions ACCREDITING STANDARDS: ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Which of the following entries records the acquisition of office supplies on account? Office Supplies, Cash, credit Cash, debit; Office Supplies, credit Office Supplies, Accounts Payable, credit Accounts Receivable, debit; Office Supplies, credit c ANSWER:
Office Supplies, debit; Accounts Payable, credit ANSWER: c DIFFICULTY: Challenging Bloom’s: Remembering LEARNING OBJECTIVES: ACCT.WARD.16.02-02 - 02-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording Transactions ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Cash was paid by Cleaning Service to creditors on account. Which of the following entries for Janer's Cleaning Service records this transaction? Cash, debit; Debbi Janer, Capital, credit Accounts Payable, debit; Cash, credit Accounts Receivable, debit; Cash, credit Accounts Payable, debit; Account Receivable, credit ANSWER: b DIFFICULTY: Challenging Bloom’s: Remembering LEARNING OBJECTIVES: ACCT.WARD.16.02-02 - 02-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording Transactions ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic The process of initially recording a business transaction is called closing posting journalizing balancing ANSWER: c DIFFICULTY: Easy Bloom’s: Remembering LEARNING OBJECTIVES: ACCT.WARD.16.02-02 - 02-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording Transactions ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Which of the following entries records the acquisition of office supplies on account? Office Supplies, Cash, credit Cash, debit; Office Supplies, credit Office Supplies, Accounts Payable, credit Accounts Receivable, debit; Office Supplies, credit ANSWER: c
Test-Bank-for-Accounting-26th-Edition-by-Warren.docx