Unit 3 Bell Ringers
11/14/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Received cash from owner as an investment, $12,000.00”.
11/15/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Paid cash for Insurance, $900.00”
11/16/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Sold services on account to Sonata Company, $1,900.00”
11/28/2016 - If cash is paid for insurance, which account would be listed first in a journal entry?
11/29/2016 - When supplies is bought on account, which account is listed on the first line of the journal entry?
11/30/2016 - April 18. Paid cash to owner for personal use, $125. C6 – Given this transaction, which two accounts are affected? Which one would be listed on the first line of the journal entry?
11/14/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Received cash from owner as an investment, $12,000.00”.
11/15/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Paid cash for Insurance, $900.00”
11/16/2016 - Given this entry, what accounts will be effected and how (increase/decrease; debit/credit); “Sold services on account to Sonata Company, $1,900.00”
11/28/2016 - If cash is paid for insurance, which account would be listed first in a journal entry?
11/29/2016 - When supplies is bought on account, which account is listed on the first line of the journal entry?
11/30/2016 - April 18. Paid cash to owner for personal use, $125. C6 – Given this transaction, which two accounts are affected? Which one would be listed on the first line of the journal entry?