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提问人:网友wwtoxfh 发布时间:2022-01-07
[主观题]

A credit entry_______________.

A、increases asset and expense accounts, and decreases liability, owner's capital, and revenue accounts

B、is always a decrease in an account

C、decreases asset and expense accounts, and increases liability, owner's capital, and revenue accounts

D、is recorded on the left side of a T-account

E、is always an increase in an account

简答题官方参考答案 (由简答题聘请的专业题库老师提供的解答)
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更多“A credit entry_______________.”相关的问题
第1题
If Tim Jones, the owner of Jones Hardware proprietorship, uses cash of the business to purchase a family automobile, the business should record this use of cash with an entry to____________.

A、debit Salary Expense and credit Cash

B、debit Tim Jones, Salary and credit Cash

C、debit Cash and credit Tim Jones, Withdrawals

D、debit Tim Jones, Withdrawals and credit Cash

E、debit Automobiles and credit Cash

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第2题
A $130 credit to Office Equipment was credited to Fees Earned by mistake. By what amounts are the accounts under- or overstated as a result of this error?

A、Office Equipment, understated $130; Fees Earned, overstated $130.

B、Office Equipment, understated $260; Fees Earned, overstated $130.

C、Office Equipment, overstated $130; Fees Earned, overstated $130.

D、Office Equipment, overstated $130; Fees Earned, understated $130.

E、Office Equipment, overstated $260; Fees Earned, understated $130.

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第3题
All of the following are asset accounts except___________.

A、accounts receivable

B、buildings

C、supplies expense

D、cash

E、prepaid insurance

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第4题

The following transactions occurred during July___________: (1) Received $900 cash for services provided to a customer during July. (2) Received $2,200 cash investment from Barbara Hanson, the owner of the business. (3) Received $750 from a customer in partial payment of his account receivable which arose from sales in June. (4) Provided services to a customer on credit, $375. (5) Borrowed $6,000 from the bank by signing a promissory note. (6) Received $1,250 cash from a customer for services to be rendered next year. What was the amount of revenue for July?

A、$ 900

B、$ 1275

C、$ 2,525

D、$ 3,275

E、$11,100

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第5题
The general journal provides a place for recording all of the following except____________.

A、the transaction date

B、the names of the accounts involved

C、the amount of each debit and credit

D、an explanation of the transaction

E、the balance in each account

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第6题
The process of transferring general journal information to the ledger is___________.

A、double-entry accounting

B、posting

C、balancing an account

D、journalizing

E、not required unless debits do not equal credits

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第7题
A record in which the effects of transactions are first recorded and from which transaction amounts are posted to the ledger is a(n)__________.

A、account

B、trial balance

C、journal

D、t-account

E、balance column account

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第8题
Which financial statement reports an organization’s financial position at a point in time?

A、Income statement.

B、Balance sheet.

C、Statement of owner’s equity.

D、Cash flow statement.

E、Trial balance.

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第9题
A column in journals and ledger accounts used to cross reference journal and ledger entries is the__________.

A、account balance column

B、debit column

C、posting reference column

D、credit column

E、description column

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第10题
A balance column ledger account is____________.

A、an account entered on the balance sheet

B、an account with debit and credit columns for posting entries and another column for showing the balance of the account after each entry is posted.

C、another name for the withdrawals account

D、an account used to record the transfers of assets from a business to its owner

E、a simple form of account that is widely used in accounting to illustrate the debits and credits required in recording a transaction

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