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Question 6 1.25 pts Breanna George purchased inventory on account. How would Breanna record the transaction? d. Debit Accounts Payable, Credit Cash b. Debit Inventory,

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Question 6 1.25 pts Breanna George purchased inventory on account. How would Breanna record the transaction? d. Debit Accounts Payable, Credit Cash b. Debit Inventory, Credit Accounts Payable a. Debit Inventory, Credit Cash c. Debit Cash, Credit Inventory Question 7 1.25 pts Based on the following transactions, what is the ending balance of Accounts Receivable: Borrowed $44,000 from Third National Bank Provided $25,000 of services on account Paid $500 for Utilities for the month Received $5000 from customers who purchased goods on account Paid $2000 toward the note payable $25,000 $17.500 $20,000 $18,000 Question 8 1.25 pts Source documents provide documentation to support recording transactions. O True False

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