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Which of the following is not recorded in a general journal? Multiple Choice The names of the accounts involved The transaction date The amount of
Which of the following is not recorded in a general journal? Multiple Choice The names of the accounts involved The transaction date The amount of each debit and credit The ending balance of each account An explanation of the transaction Centurion Company had the following accounts and balances at December 31 Credit Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable 1. Happy, Capital Service Revenue Salaries Expense utilities Expense Totals Debit $ 10,000 2,000 2,400 1,000 % 5,000 4,900 7.000 500 1,000 $ 16,900 $ 16,900 Using the information in the table, calculate the company's reported net income for the period Multiple Choice SR 500 $6,500 $10.400 $4,000 Syed Matthew Martin, the owner of Innovation Consulting started the business to investing $40.000 cash Identity the general journal entry below that Innovati Multiple Choice Credit Mint Title Cash M. Martin Capital Debit 10.00 10.10 Credit Account Title Martin, Capital Cash Debit 40.000 40.000 Credit Account Title Livestent M. Martin Capital Debit 40.00 40.000 Account Title Accounts Receivable Can Debit 40.000 Credit 40.000 Credit Account Title Cash Note Payable Debit 40.000 40,000 At the end of the current year, James Company reported total liabilities of $316,000 and total equity of $116,000 The company's debt ratio was Multiple Choice 372 272 $132.000 731 367
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