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ABZ Company paid $15,000 due to a supplier on account. The journal entry to record this transaction is: O Debit cash $15,000 and credit accounts payable $15,000 Debit accounts receivable $15,000 and credit cash $15,000 O Debit cash $15,000 and credit accounts receivable $15,000 O Debit accounts payable $15,000 and credit cash $15,000 ABZ Company received $15,000 cash from customers for services expected to be completed by the end of the current year. The journal entry to record this transaction is: O Debit cash $15,000 and credit unearned service revenue $15,000 O Debit cash $15,000 and credit accounts receivable $15,000 O Debit unearned service revenue $15,000 and credit cash $15,000 O Debit cash $15,000 and credit service revenue $15,000 ABZ Company purchased a building for $150,000. On this date. ABZ paid $50,000 cash and sign a note for the remainder amount. The journal entry to record this transaction is: O Debit building $150,000, credit cash $50,000 and accounts payable $100,000 Debit building $150,000, credit cash for $50,000 and notes payable $100,000 Debit building $150,000, credit cash for $50,000 and notes receivable $100,000 O Debit building $150,000 and credit cash $150,000 ABZ Company paid advertising bill of $5,000. The journal entry to record this transaction is: O Debit prepaid advertising $5,000 and credit cash $5,000 O Debit cash $5,000 and credit advertising revenue $5,000 O Debit advertising expense $5,000 and credit accounts payable $5,000 O Debit advertising expense $5,000 and credit cash $5,000 ABZ Company received $10,000 cash from credit customers. The journal entry to record this transaction is: O Debit cash $10,000 and credit accounts payable $10,000 O Debit cash $10,000 and credit accounts receivable $10,000 O Debit accounts receivable $10,000 and credit cash $10,000 O Debit cash $10,000 and credit notes receivable $10,000 ABZ Company purchased supplies for $5,000 cash. The journal entry to record this transaction is: O Debit cash $5,000 and credit supplies $5,000 O Debit supplies $5,000 and credit cash $5,000 O Debit supplies $5,000 and credit accounts payable $5,000 O Debit accounts receivable $5,000 and credit supplies $5,000 ABZ Company perform a service for $20,000 on account. The journal entry to record this transaction is: O Debit cash $20,000 and credit service revenue $20,000 Debit accounts payable $20,000 and credit service revenue $20,000 O Debit accounts receivable $20,000 and credit service revenue $20,000 O Debit accounts receivable $20,000 and credit unearned service revenue $20,000 In which accounting book transactions are recorded in Chronological order? O The general ledger The general journal O The trial balance O The financial statements The entire group of accounts maintained by a company is: The general ledger O The general journal O The trial balance O The financial statements The accounts of the following trial balance are not in their normal order. What is the amount of total debit and total credit? Balance $20,000 Account Accounts Payable Accounts Receivable Cash Capital Stock Dividends 30,000 32,000 40,000 10,000 Revenues 24,000 12,000 Retained Earnings Expenses Equipment 8,000 16,000 O Total Debit = $76,000 and Total Credit = $76,000 O Total Debit = $96,000 and Total Credit = $96,000 O Total Debit = $108,000 and Total Credit = $108,000 O Total Debit = $100,000 and Total Credit = $100,000 Given the following trial balance, what is the balance of the accounts receivable? Account Debit Credit Accounts Receivable $ ?? 30,000 Equipment Accounts Payable Capital Stock $16,000 14,000 Retained Earnings 12,000 Revenues 18,000 Expenses 8,000 $38,000 O $22,000 $60,000 $18,000 O Which of the following accounts has a debit normal balance? O Accounts Payable O Service Revenue O Capital Stock None of the above A list of accounts with their balances at a given time. It proves the equality between debit and credit columns: O The general ledger O The general journal O The trial balance O The financial statements Which of the following accounts has a credit normal balance? O Land O Dividends O Goodwill O None of the above