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16) The entry to record the payment of office salaries would be: A) Debit Cash; Credit Salaries PayableB) Debit Cash; Credit Salaries ExpenseC) Debit Salaries
16) The entry to record the payment of office salaries would be: A) Debit Cash; Credit Salaries PayableB) Debit Cash; Credit Salaries ExpenseC) Debit Salaries Expense; Credit Accounts PayableD) Debit Salaries Expense; Credit Cash17) Which of the following entries would record the payment of a utility bill?A) Utilities Expense, debit; Cash, creditB) Cash, debit; Utilities Expense, creditC) Utilities Expense, debit; Accounts Payable, creditD) Accounts Receivable, debit; Utilities Expense, credit18) Which of the following entries records the owner taking cash for personal use?A) Wage Expense, debit; Cash, creditB) Capital, debit; Cash, creditC) Withdrawals, debit; Cash, creditD) No entry is necessary since this is a personal transaction.19) During the month of June, Jane invested $19,000 in starting her legal practice. The proper journal entry would be:A) Cash, debit $19,000; Jane, Capital, credit $19,000B) Accounts Payable, debit $19,000; Cash, credit $19,000 C) Cash, debit $19,000; Revenue, credit $19,000D) Jane's Capital, debit $19,000; Cash, credit $19,00020) Which of the following entries records the acquisition of office supplies for cash?A) Office Supplies4000Cash4000B) Office Supplies4000Accounts Payable4000C) Equipment4000Accounts Payable4000D) Equipment4000Accounts Receivable4000
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