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Analyze the following transactions in terms of debits and credits Answer Choices: [ Choose ] Debit Office supplies and credit accounts payable Debit Prepaid Rent

Analyze the following transactions in terms of debits and credits
Answer Choices:
[ Choose ]
Debit Office supplies and credit accounts payable
Debit Prepaid Rent and credit cash
Debit Cash Credit Service Revenue
Debit Utilities Expense and Credit Utilities Payable
Debit Dividends and credit cash
Debit Accounts Receivable and Credit Service Revenue
Debit Cash and Credit Unearned Service Revenue
Debit Furniture and Credit Common Stock
Debit Salaries Expense, Debit Rent Expense, and Credit Cash
Debit Building and Credit Notes Payable
Debit Cash and Credit Accounts Receivable
Debit Cash Credit Common Stock
Debit Salaries expense and credit cash
Debit Accounts Payable and Credit Cash
On April 1,2018, an information
technology (IT) consulting company,
received $650,000 cash for common
stock
Purchased $1,250 of office supplies on
account on April 5.
On April 6, provided IT consulting service
for a client and collected $12,000 cash.
Provided IT consulting services of
$14,000 for clients on April 7. The clients
will pay in the future.
Paid cash expenses on April 10: salaries
$8,000 and office rent of $5,000.
On April 12, Paid $750 on accounts
payable
Collected $3,000 cash on April 14 from a
client
On April 16, paid $2,500 for dividends.
On April 18, prepaid office rent of
$15,000 for the months of May, June and
Paid $8,000 salaries to employees on April 20.
[ Choose ]
Purchased a building for $520,000 on April 25. A note payable was issued for the entire amount.
[ Choose ]
On April 26, received a contribution of furniture with a fair market value of $25,000 in exchange for common stock
[ Choose ]
Received a cell phone bill for $1,100 on April 28, and will pay this amount in May.
[ Choose ]
On April 30, client pays $22,000 in advance for consulting services to be performed during May and June.
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