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please anwser all quick its multiple choice i only have 1 chegg question left Question 1 (1 point) Which of the following statements about the
please anwser all quick its multiple choice i only have 1 chegg question left
Question 1 (1 point) Which of the following statements about the journal is incorrect? It provides a chronological record of business transactions. It is the book of original entry. It presents the financial position of the business. It can be used as a reference to verify information in the ledger. Question 2 (1 point) Choose the correct statement concerning the format of the journal. The year is entered only on the first page. In every journal entry. debits must equal credits. The accounts to be debited are indented. Explanations for most transactions may be omitted. Question 3 (1 point Source documents satisfy this principle: The Cost Principlc. The Matching Principle. The Objectivity Principle. The Revenue Recognition Principle. The Supply House 123 New Street Burlington, Ontario AIA LAI Invoice Number 999 Phone (905) 555-5555 Fax (905) 222-2222 MST No. 9098372645 Date: September 23, 2020 10: Nelson Design Studio 4181 Best. Burlington, Ontarlo LE123 FOR: 40 pkgs Computer painting paper 923.75 cach Subtotal HS Dual 9950.00 $950.00 $125.50 31,073,30 What type of source document is it to Nelson Design Studio? The Supply House 123 New Street Bwlington, Ontario AIA 1AI Invoice Number 999 Phone (905) 555-5555 Fax (905) 222-2222 HST No. 9098 372645 Date: September 23, 2020 TO: Nelson Design Studio 4181 Ney St. Burlington, Ontario DI 113 FOR: 40 pkgs Computer Printing paper @ $23.75 cach Sub actal HST Tol 9950.00 $950.00 $123.50 $1.073.50 Which type of source document is it to The Supply House? Question 6 (1 point) The Supply House 123 New Street Berdington, Ontario ATA 1A1 Inyoloe Number 999 Phone (905) 555-555 Fax (905) 222-2222 HST No. 9098372645 Date: September 23, 2020 TO: Nelson Design Studio 4191 New St. Burlington, Ontario L 113 POR: 40 pkgs Computer Printing paper @ $23.75 each Subtotal HST 9950.00 $950.00 $123.50 31,073.50 Who is the recipient? AJ Question 7 (1 point) The Supply House 123 New Street Burlington, Ontario Involoe Number 999 Phone (905) 955-5585 Fax (905) 272-2222 HST No. 9098372645 Date: September 23 2020 10: Nelson Design Studio 4181 New St. Burlington, Ontario LT 113 POR: 40 pkgs Computer Pinting Paper 223.75 cach Subtotal HST Tou al 3950.00 $950.00 $123. SO 073150 Who is the sender? A Question 8 (2 points) When recording a journal entry, the (fill in the blank - debit OR credit) amounts are recorded first. The (fill in the blank debil OR credit amounts are indented. A/ Step by Step Solution
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