January 8. Wizsolution purchased office equipment for $12,000 cash.The correct journal entry is:
A: Dr. Office equipment 12,000 Cr. Notes payable 12,000
B: Dr. Office equipment 12,000 Cr. Accounts payable 12,000
C: Dr. Office equipment 12,000 Cr. Cash 12,000
A: Dr. Office equipment 12,000 Cr. Notes payable 12,000
B: Dr. Office equipment 12,000 Cr. Accounts payable 12,000
C: Dr. Office equipment 12,000 Cr. Cash 12,000
举一反三
- January 15. Wizsolution purchased $1,000 of supplies and $1,700 of office equipment on credit.The correct journal entry is: A: Dr. Supplies 1,000 Office equipment 1,700 Cr. Accounts payable 2,700 B: Dr. Supplies 1,000 Office equipment 1,700 Cr. Notes payable 2,700 C: Dr. Supplies 1,000 Office equipment 1,700 Cr. Cash 2,700
- Transaction c. Purchased office equipment on account, $9,000.The correct journal entry is: A: Dr. Equipment 9,000 Cr. Notes payable 9,000 B: Dr. Equipment 9,000 Cr. Cash 9,000 C: Dr. Equipment 9,000 Cr. Accounts payable 9,000
- January 28. Wizsolution made a partial payment of $500 cash on the supplies and office equipment purchased in transaction of January 15.The correct journal entry is: A: Dr. Miscellaneous expense 500 Cr. Cash 500 B: Dr. Notes payable 500 Cr. Cash 500 C: Dr. Accounts payable 500 Cr. Cash 500
- Tobby started his company with a $12,000 cash investment. Please write down the journal entry. A: Dr Cash $12,000, Cr Investment $12,000 B: Dr Investment $12,000, Cr Cash $12,000 C: Dr Cash $12,000, Cr Tobby's capital $12,000 D: Dr Tobby's capital $12,000, Cr Cash $12,000
- Transaction d. Purchased equipment on account, $9,000.The correct journal entry is: A: Dr. Equipment 9,000 Cr. Accounts payable 9,000 B: Dr. Equipment 9,000 Cr. Cash 9,000 C: Dr. Equipment 9,000 Cr. Note payable 9,000