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22 Which of the following entries records the acquisition of office supplies for cash? a) Office Supplies 4,000 Cash 4,000 b) Office Supplies 4,000 Accounts
22 Which of the following entries records the acquisition of office supplies for cash? a) Office Supplies 4,000 Cash 4,000 b) Office Supplies 4,000 Accounts Payable 4,000 c) Equipment 4,000 Accounts Payable 4,000 d) Equipment 4,000 Accounts Receivable 4,000 23 During the month of October, Ford advertised on the Internet. Ford received the bill for $600 in October, but waited until November to pay the advertising expense. The journal entry to record the payment in November is: a) Accounts Payable debit; Cash credit b) Advertising Expense debit; Accounts Payable credit c) Advertising Expense debit; Cash credit d) The journal entry is not made in November
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