题目内容

January 8. Wizsolution purchased office machinery for $10,000 cash.The correct journal entry is:

A. Dr. Office machinery 10,000 Cr. Accounts payable 10,000
B. Dr. Office machinery 10,000 Cr. Notes payable 10,000
C. Dr. Office machinery 10,000 Cr. Cash 10,000

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January 5. Wizsolution purchased supplies on account, $1,050.The correct journal entry is:

A. Dr. Supplies 1,050 Cr. Accounts payable 1,050
B. Dr. Supplies 1,050 Cr. Accounts receivable 1,050
C. Dr. Supplies expense 1,050 Cr. Accounts payable 1,050

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Using cash to buy supplies. Pay the money back 20,000.

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If the equipment account has a balance of $22,500 and its accumulated depreciation account has a balance of $14,000, the book value of the equipment would be:

A. $36,500
B. $22,500
C. $14,000
D. $8,500

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The purchases journal is used to record:

A. credit sales
B. cash receipts
C. cash purchases
D. credit purchases (purchases on account)

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January 8. Wizsolution purchased office machinery for $10,000 cash.The correct journal entry is:

A. Dr. Office machinery 10,000 Cr. Accounts payable 10,000 B. Dr. Office machinery 10,000 Cr. Notes payable 10,000 C. Dr. Office machinery 10,000 Cr. Cash 10,000

January 5. Wizsolution purchased supplies on account, $1,050.The correct journal entry is:

Using cash to buy supplies.______ ______ Pay the money back 20,000.______ ______

If the equipment account has a balance of $22,500 and its accumulated depreciation account has a balance of $14,000, the book value of the equipment would be:

The purchases journal is used to record:

A. Dr. Office machinery 10,000 Cr. Accounts payable 10,000
B. Dr. Office machinery 10,000 Cr. Notes payable 10,000
C. Dr. Office machinery 10,000 Cr. Cash 10,000

Using cash to buy supplies. Pay the money back 20,000.