11) Which of the following entries records the cash payment of an Account Payable?

a. debit Cash; credit Accounts Payable

b. debit Accounts Receivable; credit Cash

c. debit Cash; credit Expense

d. debit Accounts Payable; credit Cash

12) Haselhof Company purchases equipment for $2,400 and supplies for $700 from Behrman

Co. for $3,100 cash. The entry for this transaction will include a

a. debit to Equipment $2,400 and a debit to Supplies Expense $700 for Behrman.

b. credit to Cash for Behrman.

c. credit to Accounts Payable for Haselhof.

d. debit to Equipment $2,400 and a debit to Supplies $700 for Haselhof.

13) A metal shops employees work overtime to finish an order that is sold on March 28. The office sends a statement to the customer in early April and payment is received by mid- April. The overtime wages should be expensed in

a. March.

b. April.

c. the period when the workers receive their checks.

d. either in March or April depending on when the pay period ends.

14) Tom See has performed $4,000 of CPA services for a client but has not billed the client as of the end of the accounting period. What adjusting entry must Tom make?

a. Debit Cash and credit Unearned Service Revenue

b. Debit Accounts Receivable and credit Unearned Service Revenue

c. Debit Accounts Receivable and credit Service Revenue

d. Debit Unearned Service Revenue and credit Service Revenue