Multiple choice Multiple choice 1.If the Unearned service revenue account had an unadjusted normal balance of 3,800 and and adjustment was made debiting the account for 500, the account would appear on the adjusted trial balance of the worksheet as a: A. 4,300 debit B. 4,300 credit C. 3,300 credit D. 3,300 debit
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- Determine the balance of the following T account: 94,100 debit 54,900 debit 133,300 credit 54,900 credit 133,300 debitMultiple choice 1. If the prepaid rent account had an unadjusted normal balance of 3,400 and and adjustment was made crediting the account for 800, then the account would appear on the worksheet as a(n): A. 2,600 debit balance in the balance sheet columns B. 800 credit balance in the income statement columns C. 2,600 credit balance in the adjusted trial balance columns D. 800 credit balance in the balance sheet columnsMultiple choice 1. Unearned service revenue has a balance that is 800 less in the worksheet's balance sheet credit column than in the worksheet's trial balance credit column. From this data, it can be determined that: A. Unearned service revenue was credited for 800 in the adjustments columns B. Service revenue was debited for 800 in the adjustments columns C. Service revenue was credited for 800 in the adjustments columns D. Unearned service revenue was credited for 800 in the adjusted trial balance columns
- Multiple choice 1. Which of the following appears in the balance sheet debit column of a worksheet? A. Service revenue B. Income Summary C. Owner withdrawals D. Accounts payable 2. If the Unearned service revenue account had an unadjusted normal balance of 3,800 and and adjustment was made debiting the account for 500, the account would appear on the adjusted trial balance of the worksheet as a: A. 4,300 debit B. 4,300 credit C. 3,300 credit D. 3,300 debitFill in the blaknks: A debit entry of 150 to .................. blank........... and a credit entry to .........blank............... A debit entry of ................. blank.......... to ................. blank.......... and a credit entry to suppl The adjusting entries would include:A ................. blank..........entry of 400 to ................. blank.......... and a ................. blank.......... entry of 400 to b................. blank.......... The closing entries would involve a debit entry of ................. blank.......... to service revenue and a debit entry of 3600 to ................. blank..........1) What is the total balance in the Trial Balance on the Debit side from your Worksheet? a) $393,000 b) $339,000 c) $409,000 d) $388,500 2) What is the total balance in the Adjustment column on the Debit side from your Worksheet? a) $106,000 b) $97,000 c) $104,000 d) $11,000 3)What is the total balance in the Adiusted TrialBalance column on the Debit side in your Worksheet? a) None of the above b) $391,000 c) $386,000 d) $392,000
- Multiple choice 1. After all the account balances have been extended to the balance sheet columns of the worksheet, the totals of the debit and credit columns are 25,350 and 28,750 respectively. It can ve concluded the company has a: A. Net income of 3,400 B. Net loss of 3,400 C. 54,100 net loss D. 54,100 net income 2. An error has been made on the worksheet if: A. The trial balance columns and the adjusted trial balance columns are not equal B. The income statement columns do not equal the balance sheet columns C. The adjusted trial balance debit column and credit column do not equal D. All of the above indicate an error has been made on the worksheet1.The purpose of posting journal entries to the ledgerA. So that trial balance can be prepared.B. To make sure that debit and credit are equal.C. To prove the equality of debit and credit.D. To obtain updated account balance 2.Which of the following account title that is differently classified from the otherlisted?A. Service revenueB. Depreciation expenseC. Supplies inventoryD. Uncollectible account 3. Sissy Store has a P50,000.00 receivable from Samantha. On September 5, Samantha makes a partial payment of P30,000.00 to Sissy Store. The journal entry on September 5 to be recorded by Sissy Store is:A. Debit: Cash. Credit: Accounts Receivable, P30,000.B. Debt: Accounts Receivable: Credit Service Revenue, P50,000.C. Debit: Cash. Credit: Accounts Receivable, P50.000D. Debit: Cash, Credit Accounts Receivable, P20.000. 4. Mr. A received an advancement payment for wedding services worthP10,000. Thiswill result to-A. Debit: Unearned Revenue, P10,000.B. Credit: Cash, P10,606.C. Credit:…at the end of the accounting period(sept 30th, T account after AJE), what is the balance of advances from customers? use accural accounting multiple choice: a) $0, b) $1000, c) $3000, d) $2000, e) none of the other alternatives are correct
- Multiple choice 1. Unearned fees appears on the: A. Adjusted trial balance debit column and income statement credit column of a worksheet B. Adjusted trial balance debit column and balance sheet credit column of a worksheet C. Balance sheet credit column and adjusted trial balance credit column of a worksheet D. Does not appear on a worksheet 2. Net income is entered onto which column(s) of a worksheet? A. Adjusted trial balance debit column B. Income statement debit and balance sheet credit C. Income statement debit and balance sheet debit D. Adjusted trial balance credit and income statement creditPrêpare a Journal Entries for Accounts Receivables. Is not a graded question If can't the part B is : what would the year-end adjusting journal entry be given the following Allow to DA 3754. Accounts receivable accounts are increased with a debit. Is it true or false? (Explain your solution) 5. Which of the following items appear on the same side of the trial balance? (Explain your solution) A Drawings and accruals B Freight out and prepayments C Freight in and rental income D Opening inventory and purchase returns