1. A company received a bill for newspaper advertising services, $300. The bill will be paid in 10 days. How would the transaction be recorded today? (Write the journal entry 2. Which When a company pays $7.900 dividends to its stockholders, the transaction should be recorded as: a. Debit Retained Earings, credit Dividends. b. Debit Cash; credit Dividends. c. Debit Dividends, credit Accounts Payable. d. Debit Dividends: Credit Cash. 3. Which On July 7. Saints incorporated received S10.200 in cash from a customer for services to be provided on October 10. Which of the following journal entry should be recorded on July 7? 10,200 a. Deferred Revenue Cash 10,200 b. Cash 10,200 Service Revenue 10.200 c. Cash 10,200 Deferred Revenue 10,200 d. Accounts Receivable 10.200 Service Revenue 10,200 4. The company provided services to customers for $20,000 on account. Five days later, the company received 58,000 from customers. Use the above information to complete the following A/R T-account (the beginning balance is zero). Accounts Receivable Beg. Bal. End. Bal 5. The Accounts Payable account has a beginning balance of S11,400 and the company purchased 554,000 of supplies on account during the month. The ending! balance was $18.600. How much did the company pay to creditors during the month? a. $65,400 b. $72,600 c. $54,000 d. $46,800