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Question 912 points) Journal entry for expenses paid in advance is? O a b Debit Expenses and Credit Prepaid Expenses Debit Prepaid Expenses and Credit

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Question 912 points) Journal entry for expenses paid in advance is? O a b Debit Expenses and Credit Prepaid Expenses Debit Prepaid Expenses and Credit Expenses Debit Prepaid Expenses and Credit Cash Debit Cash and Credit Prepaid Expenses c Od Question 10 (1 point) When supplies are purchased from vendor on a credit, the credit in journal entry would be given to a b accounts payable supplies cash c Od accounts receivable Question 11 (2 points) Goods worth $ 2500 are sold to customer X X paid $ 1500 immediately and the balance is agreed to be paid in 30 days. Journal entry for this transactions would be a Cash Ac $ 2500 Debit and Revenue Ac $ 2500 Revenue $ 2500, Cash A/c Debit $ 1500 and Accounts Receivable $ 1000 Cash Nc $ 1500 Debit, Revenue Nc 5 1000 credit and Accounts Receivable A/c 5 500 Cash Ne Debit 1500, Accounts Receivable Nc 5 1000 and Revenue 5 5000 Od Question 912 points) Journal entry for expenses paid in advance is? O a b Debit Expenses and Credit Prepaid Expenses Debit Prepaid Expenses and Credit Expenses Debit Prepaid Expenses and Credit Cash Debit Cash and Credit Prepaid Expenses c Od Question 10 (1 point) When supplies are purchased from vendor on a credit, the credit in journal entry would be given to a b accounts payable supplies cash c Od accounts receivable Question 11 (2 points) Goods worth $ 2500 are sold to customer X X paid $ 1500 immediately and the balance is agreed to be paid in 30 days. Journal entry for this transactions would be a Cash Ac $ 2500 Debit and Revenue Ac $ 2500 Revenue $ 2500, Cash A/c Debit $ 1500 and Accounts Receivable $ 1000 Cash Nc $ 1500 Debit, Revenue Nc 5 1000 credit and Accounts Receivable A/c 5 500 Cash Ne Debit 1500, Accounts Receivable Nc 5 1000 and Revenue 5 5000 Od

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