/1FAIpQLSecqlJJCej6PDdPr2qKDipSmzy97P-KDcK2Kk5UX4DEKAWhsQ/formResponse Company A realized that out of the 5,000 dollars they had in supplies, now there are only 1,000 left on hand. The right adjustment should be: * 3 poir Debit Supplies expense, credit cash Debit Supplies expense, credit supplies O Credit Cash, credit supplies O None of them To close the Expenses accounts you should follow these steps: * 3 points Credit all expenses accounts, then debit the revenues account Credit all expenses accounts, then debit the income summary account Credit all expenses accounts, then credit the income summary account None of the above AWhsQ/formResponse What accounts need to be changed if company B paid 3,000 cash of supplies? 3 Cash and Office Furniture O Cash and Bank accounts O Notes payable and cash Cash and Supplies 5 points Company A signed a contract with a customer to provide services at a rate of 20 dollars per hour, after some time, 30 hours of service were performed but not paid yet. What kind of adjustment does the customer need to do? * Unearned Revenues Accrued Expenses Prepaid Expenses Accrued Revenues FI To close the withdrawals account you should: * Credit withdrawals, then debit income summary Credit withdrawals, then credit income summary Credit Income summary None of the above The resources owned by a business are called: * Assets O Liabilities O Owner's Capital 5 pa Sara makes 20 dollars per hour in her job, in the last week she made 30 hours, how much is her gross pay, if the CPP is 5%, the El 2%, and the Income taxes are 50 dollars? * 600 30 12 508 To record the depreciation of a car owned by a company, you should: 3 points Credit the car account Credit the car account, debit the depreciation expense Credit the car account and debit the Accumulated depreciation expense None of the above The difference between Assets and Liabilities is called: 1 poi Current Assets O Current Liabilities Owner's Capital 5 points Company A signed a contract with a customer to provide services at a rate of 20 dollars per hour, after some time, 30 hours of service were performed but not paid yet. What would be the right process to record this adjustment for the customer? * Debit Unearned Revenues, credit accounts receivable Debit expenses, credit accounts payable O Debit Accounts receivable, and credit revenues O None of them