1.

Sales revenue would appear on

Select one:

a. Income Statement

b. Statement of Retained Earnings

c. Balance Sheet Statement

d. Statement of Cash Flows

2.

The entry to record $1,500 credit sales would be:

Select one:

a. Cash 1,500 Sales Revenue 1,500

b. Accounts Receivable 1,500 Sales Revenue 1,500

c. Sales Revenue 1,500 Accounts Receivable 1,500

d. Cash 1,500 Accounts Receivable 1,500

3.

The entry to record a payment of $900 accounts payable would be:

Select one:

a. Cash 900 Accounts Payable 900

b. Dividends 900 Cash 900

c. Accounts Payable 900 Cash 900

d. Accounts Payable 900 Retained Earnings 900