题目内容

January 31. Wizsolution determined that the cost of supplies on hand at Jan. 31 was $250.The correct journal entry is:

A. Dr. Supplies expense 800 Cr. Supplies 800
B. Dr. Supplies 800 Cr. Cash 800
C. Dr. Supplies expense 250 Cr. Supplies 250

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January 26. Wizsolution received $2,000 from clients in payment of their accounts.The correct journal entry is:

A. Dr. Accounts receivable 2,000 Cr. Cash 2,000
B. Dr. Cash 2,000 Cr. Accounts receivable 2,000
C. Dr. Cash 2,000 Cr. Accounts payable 2,000

January 22. Anna Jameson withdrew $1,000 cash from Wizsolution for personal use.The correct journal entry is:

A. Dr. Utilities expense 1,000 Cr. Anna Jameson, Drawing 1,000
B. Dr. Anna Jameson, Drawing 1,000 Cr. Cash 1,000
C. Dr. Cash 1,000 Cr. Anna Jameson, Drawing 1,000

January 20. Wizsolution completed a financial plan for a client and billed that client $1,600 for the service.The correct journal entry is:

A. Dr. Cash 1,600 Cr. Fees earned 1,600
B. Dr. Cash 1,600 Cr. Sales 1,600
C. Dr. Accounts receivable 1,600 Cr. Fees earned 1,600

January 19. Wizsolution paid $20,000 for the purchase of land as a future building site.The correct journal entry is:

A. Dr. Land 20,000 Cr. Cash 20,000
B. Dr. Land 20,000 Cr. Accounts payable 20,000
C. Dr. Land 20,000 Cr. Accounts receivable 20,000

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