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ASAP! Font Paragraph Styles 5 2 3 3. Baby Granger Company received a $2,125 credit card bill which showed purchases of office supplies for $250,
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Font Paragraph Styles 5 2 3 3. Baby Granger Company received a $2,125 credit card bill which showed purchases of office supplies for $250, books on running a business for $75, and software for $1,800. Which of the following transactions should the bookkeeper post when paying the credit card bil in full? Select the single best answer: Acred Cash 52.125, debit Credit Card Expense 52,125 B. credit Credit Cards Payable $2,125; debit Office Expense $250, debit Education Expense $75; debt Equipment for $1.000 C. debit Credit Cards Payable $2.125 credit Office Expense 3250, credit Education Expense $75. credit Equipment $1,800 D. credit Cash 52,125 debit Credit Cards Payable 32.125 E. credit Cash $2,125, debit Education Expense 375. debit Office Expense $250, debit Equipment $1,800 39 What type of entries do you use to correct any mistakes and get your books back in balance at the end of an accountin period? Select the single best answer: A. Recurring Entries OB Closing Entries C. Posting Entries D. Correcting Entries E Manual Entries 34 The total amount a business spent to purchase the products it sold during an accounting period would be found Select the single best answer A. in the Assets section of the Balance Sheet, in a line item caled Inventory B. in the Revenues section of the income Statement, in a line item called Purchase c. in a liability account you use to track bills, called Accounts Payah D in the cost of Goods Sold section of the Income Statement, in a line turn called purchases E in the Assets section of the Balance Sheet, in a line item called Purchase 14414 40 words Focus Step by Step Solution
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