Which of the following transactions includes a credit to cash?
A) the purchase of supplies on account
B) the payment of an accounts payable
C) the collection of cash from an accounts receivable
D) receipt of cash from a customer when service is provided
Correct Answer:
Verified
Q103: The journal is a grouping of all
Q104: Posting is:
A)copying the information from the journal
Q105: When an expense account is increased:
A)an amount
Q106: The ledger:
A)is a grouping of all of
Q107: Entering a transaction in the journal is
Q109: The entry to record the purchase of
Q110: An account will have a debit balance
Q111: Which of the following items would NOT
Q112: Entries are listed in the journal:
A)alphabetically.
B)chronologically.
C)with income
Q113: What is the last step in the
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