Journalizing | Quizalize

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Journalizing

Quiz by Lorie Blevins

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Q 1/6
Score 0
Received Cash from owner as an investment, $10000.00 (Which account is Debited?)
29

Cash
Lorie Blevins, Capital
Accounts Receivable, Lorie Blevins
Lorie Blevins, Drawing

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6 questions

Show answers

Q1
Received Cash from owner as an investment, $10000.00 (Which account is Debited?)
Cash
Lorie Blevins, Capital
Accounts Receivable, Lorie Blevins
Lorie Blevins, Drawing
30s
Q2
Paid Cash for Insurance, $200.00 (Which Account is Debited?)
Accounts Rec. Supplies Products
Lorie Blevins, Drawing
Prepaid Insurance
Cash
30s
Q3
Bought Supplies on Account from Superior Products, $1000 (Which account is debited?)
Supplies
Accounts Receivable, Superior Supplies
Prepaid Insurance
Cash
30s
Q4
Paid Cash for Supplies, $200 (Which Account is Debited?)
Cash
Supplies
Accounts Rec. Super Supplies
Lorie Blevins, Capital
30s
Q5
Paid Cash on account to Superior Supplies, $400 (Which account is debited?)
Lorie Blevins, Drawing
Accounts Pay-Superior Supplies
Accounts Rec- Paper Supplies
Cash
30s
Q6
Paid cash to owner for personal use, $500 (Which account is debited?)
Rent Expense
Cash
Lorie Blevins, Drawing
Lorie Blevins, Capital
30s