- Q-6-1a Purchace Orders Which seneral fodges arcountis creditoo whena purchase iorder is plocessed? 1 inventory 2 Accounts Paysale 3 Cost of Goods Sold * Q-6-1b. Purchase Orders Which section of the Purchase Order window is used to enter inventory items being ordered from a vehdor? 1 Cotegory detalis section 2. item detalls section 4.7 Vendoribox Wmith geo whdow asused ta receive goods from an outstanding purchase order when there is a vendor invoice recetyed along with the ithens purchased but no 10 taperise windion 2. chack window. 3. Billwind ow 4. Pay Buls wendow Which general ledger account is credited when inventory is recelved along with a bill from a vendor? 1 Cash 2. Iriventory 3+ Supplies 4 Accounts Payable Which inction of thie Bili window is used to enter the general ledger account to be debited for a service such as consulting fees? 1 Category odetalls section - Category box 2. Item detalis section. Productservice box 3. Cotegory details section . Description box 4 Memo box Wrich of the following bowes it the wem detalis secbon of the dill window is a calculated field athe result of entries or default information in two or more other 1 Cuantity bok 2. Raterbo: 3. Aount bok 4. Deciciotion bok * Q-63id Civh Demburbements 1 Cish 2. The pproprlate general ledger expense or asset account 30 Mecounts Plyable 4. None of the above * Q-6-3b, Cash Disbursements Which account is credited when a transaction is processed using the check window? 1 Accounts Payable The opproprlate general ledger expense or asset account 3 inventory 4. Checking ( Cash ) - Q-6.3c Cash Disbursements Which button in the Pay Bills window can be used to display only bills due to a specific vendor? Phese das drechark neat to the correct answerta). 1 Fiter butron 2. Payment account drop-down list button 3. Schedule payments online button A All of the above can be used to display bills due to a specific vendor St wat the proper accouning eotry from the lot prowded tavontory was receyed but not pald for on a purshase ordor. Bayminent torms were 2w. 10. Net 30 . 1 QRilinentory Asset and CR Cout af Goculs Sold 2 DRiliventory Asset and CR Accounts Payable: 3. QRCost of Goods Sold and CR Accounts Paynble A DRelowentory Awetand CA job Materials 8-6-40. Accounting Transictions Resulting from Processing Purchasing and Cash Disbursement Transactions Select the proger accounitig entry from the list provided. A purchase order for the purchase of inventory was prepared and saved. 1 De Binventory Awset and CR Cost of Goods Sold 2 Cud BR inventory Asset and CR Cost of Goods Sold 3. 2 DR Cost of Goods Sold and CR Accounts Payabie 4. Q. DR Cost of Goodssold and CRinventory Asset 5 None of the above (no wccounting entry necersary) Why ithos 1. DR hecountw Rayable and CRCheckingl CR D-scounts Givent) 2. Dhidroounts Payable and Ctrcost of Goods Sold Seiect the proper achounting entry from the list provided. An icvoice was recerved from Cal Tefephone for the picior months telephone sorvice, but no payment was inabe DR Utities: Telephoneand Cr Ghecking 2 Da Uiblitest Telephone and CR Job Materlals (3) DR yetitieza and CRIndeposited Funds 4. Br Uibies Telephorie and Ci Accounts payable. 1. Pft tegat and Professional reest Accounbng and CR Checking. 2. bheliacking and CR Acoounis Payable 3. Dahjob fixpe nses ondercChecking Chooje the subudaty record or reoords affected by the uransaction and the aHect on each fincrease or isacreasel from the usk provided inwentory wat received 1. Inveinory decteate Accounts Poyable decrearse 2. Inventory deerease, Accounts Payoble increase 3. Inwentory increas Acroonts Payabie incressc 4. inventory inarease. Accounts Pbyathle decreare 5. Wos subsidwiry cecogeds are alfected 2. Dventary decrease. Accounts Payable ncrease 3. Aipentory increaseiAccounts Phyoble decrease. S. Ne subyid lary recordstale alfected aporchas arder was- paid for wethio 10 days at the pearchase liyment tarmis on ionvice wore 2 of 10 Net 30 1. Inventory decreas Accounts Payable decresse 2. Wiyentory increase, Accounts Payabte decrease 13. Agrouins Prayalote decteabe only 4 Accounts. Poyable increise only 5 No whald liry records art anifected 2.6.Sa subsidary Acrount galances Affected ty Processing Purchasing and Cash Disbursement Transactions Choose the stubsidily recordor recoeds affected by the transaction and the effect on each gncrease or decrease) from the list profind, An imvoice was recethed 4 Accounts Payable iricrease onby 2 Accoutints Payoble decrease only 3. Accounts Payablo irycrease inventonyincrease 4 Accounte payable increase, inveritory decrente S. Wo subsidipary records are alfected 1 Nccotintsprayabie decreqserionly 2 Accounts Payableincicase only 3. Nccotints Bececivabie decreose only 4. Noconits Hiecowakle uncrease inghy 5. Wio ubudury reostds are anfected - Q-6-1a Purchace Orders Which seneral fodges arcountis creditoo whena purchase iorder is plocessed? 1 inventory 2 Accounts Paysale 3 Cost of Goods Sold * Q-6-1b. Purchase Orders Which section of the Purchase Order window is used to enter inventory items being ordered from a vehdor? 1 Cotegory detalis section 2. item detalls section 4.7 Vendoribox Wmith geo whdow asused ta receive goods from an outstanding purchase order when there is a vendor invoice recetyed along with the ithens purchased but no 10 taperise windion 2. chack window. 3. Billwind ow 4. Pay Buls wendow Which general ledger account is credited when inventory is recelved along with a bill from a vendor? 1 Cash 2. Iriventory 3+ Supplies 4 Accounts Payable Which inction of thie Bili window is used to enter the general ledger account to be debited for a service such as consulting fees? 1 Category odetalls section - Category box 2. Item detalis section. Productservice box 3. Cotegory details section . Description box 4 Memo box Wrich of the following bowes it the wem detalis secbon of the dill window is a calculated field athe result of entries or default information in two or more other 1 Cuantity bok 2. Raterbo: 3. Aount bok 4. Deciciotion bok * Q-63id Civh Demburbements 1 Cish 2. The pproprlate general ledger expense or asset account 30 Mecounts Plyable 4. None of the above * Q-6-3b, Cash Disbursements Which account is credited when a transaction is processed using the check window? 1 Accounts Payable The opproprlate general ledger expense or asset account 3 inventory 4. Checking ( Cash ) - Q-6.3c Cash Disbursements Which button in the Pay Bills window can be used to display only bills due to a specific vendor? Phese das drechark neat to the correct answerta). 1 Fiter butron 2. Payment account drop-down list button 3. Schedule payments online button A All of the above can be used to display bills due to a specific vendor St wat the proper accouning eotry from the lot prowded tavontory was receyed but not pald for on a purshase ordor. Bayminent torms were 2w. 10. Net 30 . 1 QRilinentory Asset and CR Cout af Goculs Sold 2 DRiliventory Asset and CR Accounts Payable: 3. QRCost of Goods Sold and CR Accounts Paynble A DRelowentory Awetand CA job Materials 8-6-40. Accounting Transictions Resulting from Processing Purchasing and Cash Disbursement Transactions Select the proger accounitig entry from the list provided. A purchase order for the purchase of inventory was prepared and saved. 1 De Binventory Awset and CR Cost of Goods Sold 2 Cud BR inventory Asset and CR Cost of Goods Sold 3. 2 DR Cost of Goods Sold and CR Accounts Payabie 4. Q. DR Cost of Goodssold and CRinventory Asset 5 None of the above (no wccounting entry necersary) Why ithos 1. DR hecountw Rayable and CRCheckingl CR D-scounts Givent) 2. Dhidroounts Payable and Ctrcost of Goods Sold Seiect the proper achounting entry from the list provided. An icvoice was recerved from Cal Tefephone for the picior months telephone sorvice, but no payment was inabe DR Utities: Telephoneand Cr Ghecking 2 Da Uiblitest Telephone and CR Job Materlals (3) DR yetitieza and CRIndeposited Funds 4. Br Uibies Telephorie and Ci Accounts payable. 1. Pft tegat and Professional reest Accounbng and CR Checking. 2. bheliacking and CR Acoounis Payable 3. Dahjob fixpe nses ondercChecking Chooje the subudaty record or reoords affected by the uransaction and the aHect on each fincrease or isacreasel from the usk provided inwentory wat received 1. Inveinory decteate Accounts Poyable decrearse 2. Inventory deerease, Accounts Payoble increase 3. Inwentory increas Acroonts Payabie incressc 4. inventory inarease. Accounts Pbyathle decreare 5. Wos subsidwiry cecogeds are alfected 2. Dventary decrease. Accounts Payable ncrease 3. Aipentory increaseiAccounts Phyoble decrease. S. Ne subyid lary recordstale alfected aporchas arder was- paid for wethio 10 days at the pearchase liyment tarmis on ionvice wore 2 of 10 Net 30 1. Inventory decreas Accounts Payable decresse 2. Wiyentory increase, Accounts Payabte decrease 13. Agrouins Prayalote decteabe only 4 Accounts. Poyable increise only 5 No whald liry records art anifected 2.6.Sa subsidary Acrount galances Affected ty Processing Purchasing and Cash Disbursement Transactions Choose the stubsidily recordor recoeds affected by the transaction and the effect on each gncrease or decrease) from the list profind, An imvoice was recethed 4 Accounts Payable iricrease onby 2 Accoutints Payoble decrease only 3. Accounts Payablo irycrease inventonyincrease 4 Accounte payable increase, inveritory decrente S. Wo subsidipary records are alfected 1 Nccotintsprayabie decreqserionly 2 Accounts Payableincicase only 3. Nccotints Bececivabie decreose only 4. Noconits Hiecowakle uncrease inghy 5. Wio ubudury reostds are anfected