Question

The purchase of office computers for cash would include a debit to: Group of answer choices...

The purchase of office computers for cash would include a debit to:

Group of answer choices

Cash and credit to provision in depreciation

Office Equipment and a credit to Accounts Payable

Accounts Receivable and credit to Office Equipment.

Cash and a credit to Office Equipment

Office Equipment and a credit to Cash.

Homework Answers

Answer #1

LEt me know if u have any conerns'

Kindly rate my answers :))))

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Question 142.5 pts Using the perpetual inventory system, the purchase of merchandise on account would include...
Question 142.5 pts Using the perpetual inventory system, the purchase of merchandise on account would include a: debit to Accounts Payable and a credit to Merchandise Inventory. debit to Sales and a credit to Accounts Receivable. debit to Merchandise Inventory and a credit to Accounts Payable. debit to Merchandise Inventory and a credit to Sales. Flag this Question Question 152.5 pts The return of merchandise to the supplier for credit using the perpetual inventory system would include a: debit to...
A journal entry to record a payment on account will include a A. debit to Accounts...
A journal entry to record a payment on account will include a A. debit to Accounts Receivable. B. credit to Accounts Receivable. C. debit to Accounts Payable. D. credit to Accounts Payable. can u explain to me why not the D answer?
A merchandiser returned inventory worth $1,400 that was purchased on account. Under the periodic inventory system,...
A merchandiser returned inventory worth $1,400 that was purchased on account. Under the periodic inventory system, the journal entry to record the return would include ________. Group of answer choices a debit to Purchase Returns and Allowances for $1,400 and a credit to Accounts Payable for $1,400 a debit to Accounts Payable for $1,400 and a $1,400 credit to Purchase Returns and Allowances a debit to Purchases for $1,400 and a credit to Accounts Payable for $1,400 a debit to...
  1.     In the first month of operations, the total of the debit entries to the cash...
  1.     In the first month of operations, the total of the debit entries to the cash account amounted to $1900 and the total of the credit entries to the cash account amounted to $800. The cash account has a balance of……………….     2.     Dawson’s Delivery Service purchased equipment for $3,500. Dawson paid $500 in cash and signed a note for the balance. Dawson debited the Equipment account, credited Cash and a.   debited the Dawson, Capital account for $2,000. b.   credited...
Account Title Debit Credit Cash $ 5,800 Accounts receivable 29,000 Office supplies 6,353 Trucks 164,000 Accumulated...
Account Title Debit Credit Cash $ 5,800 Accounts receivable 29,000 Office supplies 6,353 Trucks 164,000 Accumulated depreciation—Trucks $ 33,784 Land 47,000 Accounts payable 9,800 Interest payable 18,000 Long-term notes payable 56,000 K. Wilson, Capital 167,463 K. Wilson, Withdrawals 48,000 Trucking fees earned 121,000 Depreciation expense—Trucks 21,791 Salaries expense 54,170 Office supplies expense 20,000 Repairs expense—Trucks 9,933 Totals $ 406,047 $ 406,047    Use the above adjusted trial balance to prepare Wilson Trucking Company’s classified balance sheet as of December 31,...
which ones go on debit or credit sides on a trial balance cash accounts receivable merchandise...
which ones go on debit or credit sides on a trial balance cash accounts receivable merchandise inventory supplies prepaid insurance equipment accumulated depreciation accounts payable interest payable notes payable salaries payable taxes payable capital, khile withdrawal, khile sales purchases sales Expense miscellaneous expense supplies expense rent expense depreciation expense interest expense
    1.     In the first month of operations, the total of the debit entries to the...
    1.     In the first month of operations, the total of the debit entries to the cash account amounted to $1900 and the total of the credit entries to the cash account amounted to $800. The cash account has a balance of……………….     2.     Dawson’s Delivery Service purchased equipment for $3,500. Dawson paid $500 in cash and signed a note for the balance. Dawson debited the Equipment account, credited Cash and a.   debited the Dawson, Capital account for $2,000. b.  ...
The adjusting journal entry for accrued interest is? Group of answer choices debit asset, credit liability...
The adjusting journal entry for accrued interest is? Group of answer choices debit asset, credit liability debit expense, credit liability debit liability, credit stockholders' equity debit liability, credit expense debit expense, credit revenue
1. On November 26, Civic Company purchased $1,200 of supplies on account. The journal entry to...
1. On November 26, Civic Company purchased $1,200 of supplies on account. The journal entry to record this transaction will include _____. a debit to Supplies and a credit to Cash a debit to Supplies and a credit to Accounts Payable a debit to Cash and a credit to Supplies a debit to Accounts Payable and a credit to Supplies 2. On November 21, Civic Company received $550 from customers in payment of their accounts. The journal entry to record...
JardCo purchased goods costing $3,000. The purchase was made on account with terms of 2/10, n/60....
JardCo purchased goods costing $3,000. The purchase was made on account with terms of 2/10, n/60. The original purchase was recorded with a DEBIT to Inventory and a CREDIT to Accounts Payable for $3,000. The account was paid in cash after eight days. Which ONE of the following is included in the journal entry to record the payment of cash on account after eight days? Group of answer choices CREDIT to Inventory for $60 DEBIT to Inventory for $60 DEBIT...