1.

Which of the following is the correct accounting entry that would be made if you had saved the transaction you started entering for Patton Hardware Supplies?

Please add checkmark next to the correct answer(s).

1 DR. Inventory Asset $3,075.00, CR. Cost of Goods Sold $3,075.00

2 DR. Cost of Goods Sold $3,075.00, CR. Inventory Asset $3,075.00

3 DR. Inventory Asset $3,075.00, CR. Accounts Payable $3,075.00

4 DR. Inventory Asset $3,075.00, CR. Job Expenses $3,075.00

5 None of the above

2.

*Click the Enter Bills icon on the Home Page to open the Enter Bills window. Before selecting a vendor, look carefully at the window. Now select C.U. Electric in the Vendor box. REQUIRED: Which of the following lists include the boxes in the Enter Bills window that changed after you selected C.U. Electric in the Vendor box? Include boxes with contents that have changed, as well as boxes that were previously blank that now have information in them (automatic entry control entries).

Please add checkmark next to the correct answer(s).

1 Address, Terms, Memo, and Bill Due boxes

2 Address, Terms, Ref. No., and Bill Due boxes

3 Address, Terms, and Bill Due boxes

4 Address, Terms, Bill Due, and Account (Expense tab)

5 None of the above

1.

Which of the following is the correct accounting entry that would be made if you had saved the transaction you started entering for Patton Hardware Supplies?

Please add checkmark next to the correct answer(s).

1 DR. Inventory Asset $3,075.00, CR. Cost of Goods Sold $3,075.00

2 DR. Cost of Goods Sold $3,075.00, CR. Inventory Asset $3,075.00

3 DR. Inventory Asset $3,075.00, CR. Accounts Payable $3,075.00

4 DR. Inventory Asset $3,075.00, CR. Job Expenses $3,075.00

5 None of the above

2.

*Click the Enter Bills icon on the Home Page to open the Enter Bills window. Before selecting a vendor, look carefully at the window. Now select C.U. Electric in the Vendor box. REQUIRED: Which of the following lists include the boxes in the Enter Bills window that changed after you selected C.U. Electric in the Vendor box? Include boxes with contents that have changed, as well as boxes that were previously blank that now have information in them (automatic entry control entries).

Please add checkmark next to the correct answer(s).

1 Address, Terms, Memo, and Bill Due boxes

2 Address, Terms, Ref. No., and Bill Due boxes

3 Address, Terms, and Bill Due boxes

4 Address, Terms, Bill Due, and Account (Expense tab)

5 None of the above

*Click the Enter Bills icon on the Home Page to open the Enter Bills window. Before selecting a vendor, look carefully at the window. Now select C.U. Electric in the Vendor box. REQUIRED: Which of the following lists include the boxes in the Enter Bills window that changed after you selected C.U. Electric in the Vendor box? Include boxes with contents that have changed, as well as boxes that were previously blank that now have information in them (automatic entry control entries).

Please add checkmark next to the correct answer(s).

1 Address, Terms, Memo, and Bill Due boxes

2 Address, Terms, Ref. No., and Bill Due boxes

3 Address, Terms, and Bill Due boxes

4 Address, Terms, Bill Due, and Account (Expense tab)

5 None of the above

Which of the following is the correct accounting entry that would be made if you had saved the transaction you started entering for Patton Hardware Supplies?

Please add checkmark next to the correct answer(s).

1 DR. Inventory Asset $3,075.00, CR. Cost of Goods Sold $3,075.00

2 DR. Cost of Goods Sold $3,075.00, CR. Inventory Asset $3,075.00

3 DR. Inventory Asset $3,075.00, CR. Accounts Payable $3,075.00

4 DR. Inventory Asset $3,075.00, CR. Job Expenses $3,075.00

5 None of the above