Question 9 An example of an adjusting journal entry would not include: Recording unpaid interest expense for the period O Recording depreciation expense for the period O Recording the use of supplies for the current month Recording paying for a truck repair on account D Question 10 Basis, Inc. needs to record unpaid salaries with an adjusting journal entry. How would this adjusting entry be recorded? O Debit Cash, credit Salaries payable Debit Salaries expense, credit Salaries payable Debit Salaries expense. Credit Cash Debit Salaries payable, credit Cash Question 11 Which of the following transactions would cause total assets to increase? Paying off accounts payable Receiving cash payments for accounts receivable Recording the use of supplies at the end of the period Question 12 Coldwater Corp. needs to decide when to record Service Revenue for services provided to one of its customers. Which date below is the correct date for Coldwater to record Service Revenue? October 31: End of the month October 5: Received $5,000 cash from the customer October 1: Signed a contract with the customer to provide services October 19: Provided the services to the customer Question 13 3 pts Which of the following is true when a company pays a cash dividend of $30.000? O $30,000 decreases stockholders' equity as an expense. Paying a cash dividend has no effect on stockholders' equity. $30,000 decreases stockholders' equity but it doesn't reduce net income. $30,000 increases stockholders equity as a gain. Question 14 3 pts Question 14 Darien Motors has an ending Retained Earnings balance of $51,100. If during the year Darien Motors paid dividends of $4,30 and had net income of $22,500, then what was the beginning Retained Earnings balance? O $18,200 $24,300 $32,900. $69,300 Question 15 3 pts Assume that $18,000 cash is paid for insurance to cover the next year. The appropriate debit and credit are: Debit Prepaid Insurance $18,000, credit Cash $18,000 Debit Cash $18,000, credit Prepaid Insurance $18,000 Debit Insurance Expense $18,000 credit Cash $18,000 Debit Prepaid Insurance $18,000, credit Insurance Expense $18.000