8. When you pay a bill using a debit card, the bank account_______ while the expense...

  

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8. When you pay a bill using a debit card, the bank account_______ while the expense account A. decreases; increases B. increases; remains the same C. remains the same; decreases D. increases; decreases 9. What is the equity value for Craig's Design and Landscaping Service? Craig's Design and Landscaping Services BALANCE SHEET ✓ ASSETS → Current Accets » Bank Accounta ▸ Accounts Receivable ▸ Other Current Assets Total Current Assets > Fixed Assets TOTAL ASSETS LIABILITIES AND EQUITY Liabilities A. -$7,695.04 B. $2,001.00 C. $54,567.62 D. $31,131.33. TOTAL 11. What deposit is customer related? $2,001.00 $5,281.52 $2,658.77 A. An insurance overpayment refund B. Loan proceeds C. Purchase rebates D. An invoice payment. $9,941.29 $13,495.00 $23,436.29 10. Which statement about deleted and voided transactions is TRUE? A. Both are recorded and become part of the overall records. B. Both are removed from the overall records. $31,131.33 C. Deleted transactions are removed; voided transactions are retained with zero values. D. Voided transactions are removed; deleted transactions are retained with zero values. 8. When you pay a bill using a debit card, the bank account_______ while the expense account A. decreases; increases B. increases; remains the same C. remains the same; decreases D. increases; decreases 9. What is the equity value for Craig's Design and Landscaping Service? Craig's Design and Landscaping Services BALANCE SHEET ✓ ASSETS → Current Accets » Bank Accounta ▸ Accounts Receivable ▸ Other Current Assets Total Current Assets > Fixed Assets TOTAL ASSETS LIABILITIES AND EQUITY Liabilities A. -$7,695.04 B. $2,001.00 C. $54,567.62 D. $31,131.33. TOTAL 11. What deposit is customer related? $2,001.00 $5,281.52 $2,658.77 A. An insurance overpayment refund B. Loan proceeds C. Purchase rebates D. An invoice payment. $9,941.29 $13,495.00 $23,436.29 10. Which statement about deleted and voided transactions is TRUE? A. Both are recorded and become part of the overall records. B. Both are removed from the overall records. $31,131.33 C. Deleted transactions are removed; voided transactions are retained with zero values. D. Voided transactions are removed; deleted transactions are retained with zero values.

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