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Author Archives: Anonymous

Journal Entry 8 Received $4,500 cash from customers who prev…

Journal Entry 8 Received $4,500 cash from customers who previously purchased services on account. Which account should be CREDITED?

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Journal Entry 3 Purchased $1,800 of office supplies for cash…

Journal Entry 3 Purchased $1,800 of office supplies for cash. Enter the DEBIT amount. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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Statement of Owner’s Equity — 2B Enter the dollar amount tha…

Statement of Owner’s Equity — 2B Enter the dollar amount that belongs on Line 2B of the Statement of Owner’s Equity Template. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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Journal Entry 7 Paid $1,500 cash toward the amount owed to s…

Journal Entry 7 Paid $1,500 cash toward the amount owed to suppliers. Which account should be DEBITED?

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Journal Entry 9 Paid employees $2,800 cash for salaries. Whi…

Journal Entry 9 Paid employees $2,800 cash for salaries. Which account should be DEBITED?

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Journal Entry 2 Paid $3,600 cash for a six-month insurance p…

Journal Entry 2 Paid $3,600 cash for a six-month insurance policy. Enter the DEBIT amount. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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Statement of Owner’s Equity — 5B Calculate the ending owner’…

Statement of Owner’s Equity — 5B Calculate the ending owner’s capital that belongs on Line 5B. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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Income Statement — 6B Enter the dollar amount that belongs o…

Income Statement — 6B Enter the dollar amount that belongs on Line 6B of the Income Statement Template. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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Income Statement — 6A Which account belongs on Line 6A of th…

Income Statement — 6A Which account belongs on Line 6A of the Income Statement Template?

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Journal Entry 5 Provided services to customers for $5,800 ca…

Journal Entry 5 Provided services to customers for $5,800 cash. Enter the CREDIT amount. Enter numbers only. Do not use a dollar sign, comma, or decimal point.

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