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help please! accounting questions!!?


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Old 09-07-2009, 06:48 PM
Flory Flory is offline
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Default help please! accounting questions!!?

Office supplies purchased by Ari’s Alarm Service on account were returned. Which of the following entries for Ari’s Alarm Service records this transaction?1. Cash, debit; Office Supplies, credit2. Accounts Payable, debit; Office Supplies, credit3. Office Supplies, debit; Accounts Payable, credit4. Office Supplies, debit; Accounts Receivable, credit^ would it be 3 or 4?Which of the following entries records the acquisition of office supplies on account?1. Office Supplies, debit; Accounts Payable, credit2. Office Supplies, debit; Cash, credit3. Cash, debit; Office Supplies, credit4. Accounts Receivable, debit; Office Supplies, credit^ will it be 2?Which of the following entries records the receipt of cash for two months' rent? The cash was received in advance of providing the service.1. Cash, debit; Unearned Rent, credit.2. Cash, debit; Rent Expense credit.3. Cash, debit; Prepaid Rent, credit.4. Prepaid Rent, debit; Rent Revenue, credit.A patient has a physical examination and asks the bookkeeper to mail the bill. The bookkeeper should1. make no entry until the cash is received2. Cash, debit; Fees Earned, credit3. Accounts Receivable, debit; Fees Earned, credit4. Cash, debit; Accounts Receivable, credit^4?
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Old 09-07-2009, 07:17 PM
Ideal Ideal is offline
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