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Renzi's Volleyball Gym purchased equipment for $1,300. It made a down payment of $500 with the remainder on account. The journal entry to record this

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Renzi's Volleyball Gym purchased equipment for $1,300. It made a down payment of $500 with the remainder on account. The journal entry to record this transaction is: 1,300 800 500 500 800 A. Supplies Cash Accounts Payable OB. Accounts Receivable Cash Equipment OC Cash Accounts Receivable OD. Equipment Accounts Payable Cash 1,300 800 1,300 800 500 The entry to record completing a financial lecture and immediately collecting payment from customers would be: 1,400 1,400 1,400 1,400 O A. Cash Accounts Payable O B. Lecture Fees Accounts Payable OC. Cash Lecture Fees OD. Lecture Fees Cash 1,400 1,400 1,400 1,400 The trial balance lists the accounts: O A. alphabetically. O B. in the same order as in the ledger. O C. in the order of highest dollar value. O D. all debits first and then credits. A calendar year is: O A. the period for when an interim financial statement would be completed. OB. any 12 - month period that a business chooses for its accounting year. O c. the 12 - month period beginning with January. O D. All of these answers are correct

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