For each journal entry shown below, indicate the accounting method(s) for which the entry would be appropriate. If the journal entry is not appropriate for a particular accounting method, explain the proper accounting treatment for that method.

1. Office Equipment

Cash

Purchased equipment for cash

2. Office Equipment

Accounts Payable

Purchased equipment on account

3. Cash

Revenue

Cash receipts for week

4. Accounts Receivable

Revenue

Services performed on account

5. Prepaid Insurance

Cash

Purchased prepaid asset

6. Supplies

Accounts Payable

Purchased prepaid asset

7. Telephone Expense

Cash

Paid telephone bill

8. Wages Expense

Cash

Paid wages for month

9. Accounts Payable

Cash

Made payment on account

Adjusting Entries:

10. Supplies Expense

Supplies

11. Wages Expense

Wages Payable

12. Depreciation Expense—Office Equipment

Accumulated Depreciation—Office Equipment