Bookkeeping 9
Authored by Lynn Niñonuevo
Business
9th Grade
Used 59+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Paid the utilities for the month of May.
Value Received: Utilities Expense
Value Parted: ?
Accounts Payable
Cash
Notes Payable
Accounts Receivable
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Rendered repair services to a customer who paid cash.
Value Received: Cash
Value Parted: ?
Accounts Receivable
Accounts Payable
Service Income
Owner's Capital
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Rendered repair services to a customer who billed the said transaction.
Value Received: ?
Value Parted: Service Income
Accounts Receivable
Accounts Payable
Cash
Owner's Capital
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Bought new office equipment on account from Ace Hardware.
Value Received: Office Equipment
Value Parted: ?
Accounts Receivable
Accounts Payable
Cash
Owner's Capital
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Collected cash from the billed customer.
Value Received: Cash
Value Parted: ?
Accounts Receivable
Accounts Payable
Service Income
Owner's Capital
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Paid an amount to Ace Hardware’s account.
Value Received: ?
Value Parted: Cash
Accounts Payable
Office Equipment
Notes Payable
Accounts Receivable
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Paid rent of business in advance
Value Received: ?
Value Parted: Cash
Rent Expense
Prepaid Rent
Rent Payable
Accumulated Depreciation, Rent Expense
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