I was working on a quiz for my accounting class and I got a few questions wrong. I was trying to put together what I did wrong and was hoping someone could explain what the corrects.

Question 1: A credit entry will:

A) increase an asset account. B) decrease paid-in capital. C) increase an expense account. Incorrect D) increase a liability account. ---------------------------------------------------- Question 2: Unquiet Hands, Incorporated borrowed $30,000 on October 1, 2022 at 6% interest with both principal and interest due on September 30, 2023. Which of the following journal entries should Unquiet Hands, Incorporated use to accrue interest at the end of each month?

A)

Debit	Interest payable
Credit	Interest expense

B)

Debit	Interest expense
Credit	Interest payable

C) Incorrect

Debit	Interest payable
Credit	Cash

D)

Debit	Interest receivable
Credit	Interest payable

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Question 3: A newspaper ad submitted and published this week, with the agreement to get paid for it next week would, in the newspaper's records: Multiple Choice

A) have no effect on total assets. B) increase assets and decrease liabilities. C) increase assets and increase revenues. D) increase assets and increase expenses. - Incorrect

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Question 4: Unquiet Hands, Incorporated borrowed $30,000 on October 1, 2022 at 6% interest with both principal and interest due on September 30, 2023. Which of the following journal entries should Unquiet Hands, Incorporated use to record the transaction for the payment of the note in full on September 30, 2023?

A)

Debit	Notes payable
Debit	Interest receivable
Credit	Interest revenue
Credit	Cash

B)

Debit	Notes payable
Debit	Interest payable
Debit	Interest expense
Credit	Cash

C) Incorrect

Debit	Notes receivable
Debit	Interest receivable
Credit	Interest payable
Credit	Cash

D)

Debit	Notes payable
Debit	Interest payable
Credit	Interest expense
Credit	Cash