1. When cash is collected from a customer with an account receivable, the total assets increase.

true or false

2. when a company makes a journal entry, the number of individual debited credit accounts use the entry my different, just as long as the total dollar amount of debits and credits in the entry are equal

true or false

3. janitorial and cleaning supplies are considered an expense when:

a. ordered from the supplier

b. purchased, received, and put into inventory

c. sold, as cost of goods sold, or pulled from inventory and used in the business

d. paid for by check to the supply company

4. The normal balance of the accumulated depreciation account is:

a. A debit balance

b. A credit balance

c. can be either a debit balance or a credit balance

d. Either equal to or greater than the related asset account