6. Vhich of the following gives the correct sequence of accounting procedures? A. Analyze transaction, journal, ledger, trial balance, financial statements. B. Analyze transaction, ledger, journal, trial balance, financial C. Analyze transaction, ledger, journal, financial statements, trial balance. D. Analyze transaction, ledger, trial balance, journal, financial statements. E. Journal, ledger, analyze transaction, trial balance, financial statements 7. Which of the following does not result in the recording of an expense? A. Receipt of a telephone bill from the phone company. B. Recording of wages for hours worked. C. A new employee is hired at an annual salary of $25,000. D. Receipt of an invoice and a statement for advertising 8. The journal entry to record completion of a service for which payment has not bee received is A. Revenue xx Revenue x Cash xx. D. no entry is made until the cash is received. ich of the following types of accounts are increased by a debit? A. revenue. B. expense. C. a and b D. none of the above. 10. The journal entry to record incurring an expense that has not been paid for received is A. Expense xx A/P xX. Expense xx. A/p xx Cash xx. C. Cash xx E. no entry is made until the cash is paid. 11. The journal entry to record declaration of dividends for which payment has been made is A.Dividends Payable xx Cash B. Cash Dividends Payable xx. C. Dividends Cash D. Dividends Payable xx Dividends For the accounts listed below, indicate if the normal balance of the account is a debit or credit. Normal Balance Debit or Credit Account 12. Service Revenue 13. Rent Expense 14. Accounts receivable 15. Accounts Payable 16. Common Stock