please answer the following:

32) An account balance is:

A) The total of the credit side of the account.

B) The total of the debit side of the account.

C) The difference between the total debits and total credits for an account including the beginning balance.

D) Assets = liabilities + equity.

E) Always a credit.

33) Select the account below that normally has a credit balance.

A) Cash.

B) Office Equipment.

C) Wages Payable.

D) Dividends.

E) Sales Salaries Expense.

34) A debit is used to record which of the following:

A) A decrease in an asset account.

B) A decrease in an expense account.

C) An increase in a revenue account.

D) An increase in the common stock account.

E) An increase in the dividends account.

35) A credit entry:

A) Increases asset and expense accounts, and decreases liability, common stock, and revenue accounts.

B) Is always a decrease in an account.

C) Decreases asset and expense accounts, and increases liability, common stock, and revenue accounts.

D) Is recorded on the left side of a T-account.

E) Is always an increase in an account.

36) Ralph Pine Consulting received its telephone bill in the amount of $300, and immediately paid it. Pine's general journal entry to record this transaction will include a

A) Debit to Telephone Expense for $300.

B) Credit to Accounts Payable for $300.

C) Debit to Cash for $300.

D) Credit to Telephone Expense for $300.

E) Debit to Accounts Payable for $300.

37) Golddigger Services, Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months services in advance. Golddigger Services' general journal entry to record this transaction will include a:

A) Debit to Unearned Management Fees for $60,000.

B) Credit to Management Fees Earned for $60,000.

C) Credit to Cash for $60,000.

D) Credit to Unearned Management Fees for $60,000.

E) Debit to Management Fees Earned for $60,000.

38) Willow Rentals purchased office supplies on credit. The general journal entry made by Willow Rentals will include a:

A) Debit to Accounts Payable.

B) Debit to Accounts Receivable.

C) Credit to Cash.

D) Credit to Accounts Payable.

E) Credit to Common Stock.

39) Richard Redden, the sole stockholder, contributed $70,000 in cash and land worth $130,000 in exchange for common stock to open a new business, RR Consulting. Which of the following general journal entries will RR Consulting make to record this transaction?

A) Debit Assets $200,000; credit Common Stock, $200,000.

B) Debit Cash and Land, $200,000; credit Common Stock, $200,000.

C) Debit Cash $70,000; debit Land $130,000; credit Common Stock, $200,000.

D) Debit Common Stock, $200,000; credit Cash $70,000, credit Land, $130,000.

E) Debit Common Stock, $200,000; credit Assets, $200,000.

40) Pauls Landscaping purchased $500 of office supplies on credit. The companys policy is to initially record prepaid and unearned items in balance sheet accounts. Which of the following general journal entries will Pauls Landscaping make to record this transaction?

A) Debit Office supplies expense, $500; credit Cash, $500.

B) Debit Cash, $500; credit Office supplies, $500.

C) Debit Office supplies, $500; credit Cash, $500.

D) Debit Office supplies, $500; credit Accounts payable, $500.

E) Debit Accounts payable, $500; credit Office supplies, $500.