
Journalizing
Quiz by Lorie Blevins
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6 questions
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- Q1Received Cash from owner as an investment, $10000.00 (Which account is Debited?)CashLorie Blevins, CapitalAccounts Receivable, Lorie BlevinsLorie Blevins, Drawing30s
- Q2Paid Cash for Insurance, $200.00 (Which Account is Debited?)Accounts Rec. Supplies ProductsLorie Blevins, DrawingPrepaid InsuranceCash30s
- Q3Bought Supplies on Account from Superior Products, $1000 (Which account is debited?)SuppliesAccounts Receivable, Superior SuppliesPrepaid InsuranceCash30s
- Q4Paid Cash for Supplies, $200 (Which Account is Debited?)CashSuppliesAccounts Rec. Super SuppliesLorie Blevins, Capital30s
- Q5Paid Cash on account to Superior Supplies, $400 (Which account is debited?)Lorie Blevins, DrawingAccounts Pay-Superior SuppliesAccounts Rec- Paper SuppliesCash30s
- Q6Paid cash to owner for personal use, $500 (Which account is debited?)Rent ExpenseCashLorie Blevins, DrawingLorie Blevins, Capital30s