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1. Dividends is a(n) ________ account that has a normal ________ balance. a. liability; credit b. equity; debit c. liability; debit 2. Which of the
1. Dividends is a(n) ________ account that has a normal ________ balance. a. liability; credit b. equity; debit c. liability; debit
2. Which of the following is an asset account? a. Salaries Expense b. Service Revenue c. Prepaid Expense
3.
a. $33,500, debit b. $3,500, credit c. $27,500, debit
4.
a. $20,600 b. $11,900 c. $24,100
5.
a. $12,400 b. $21,200 c. $12,200
PLEASE HELP FAST ASAP AND ALL. I WILL RATE 5 STARS.
The Accounts Receivable account of Nuptials Inc. is shown below. Calculate the ending balance of the account. Accounts Receivable 26,000 3,500 5,000 Question 12 Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation. What is the amount of net income? Accounts receivable Accounts payable Salary expense Repairs expense Truck Equipment Notes payable Cash Supplies expense Service revenue Gasoline expense Salary payable $ 5,000 4,000 5,000 1.000 10,000 8,000 8,200 7,500 1,600 32,000 3,800 200 Following is an extract of account balances of Wilson Mowing Services as of December 31 of the first year of operation. What is the amount of total liabilities at the end of the year? Accounts receivable Accounts payable Salary expense Repairs expense Truck Equipment Notes payable Cash Supplies expense Service revenue Gasoline expense Salary payable $ 5.000 4,000 5,000 1,000 10,000 8,000 8.200 7,500 1.600 32,000 3,800 200Step by Step Solution
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