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Will Rate! A business paid $2,500 on account. The journal entry would: O A. debit Cash for $2,500 and credit Accounts Payable for $2,500. OB.

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A business paid $2,500 on account. The journal entry would: O A. debit Cash for $2,500 and credit Accounts Payable for $2,500. OB. debit Accounts Payable for $2,500 and credit Cash for $2,500. O C. debit Accounts Receivable for $2,500 and credit Revenue for $2,500. OD. debit Cash for $2,500 and credit Retained Earnings for $2,500. On May 10, a business collected $2,400 on account. What journal entry is needed on that date? O A. Debit Cash for $2,400 and credit Revenue for $2,400. O B. Debit Accounts Payable for $2,400 and credit Revenue for $2,400. O C. Debit Accounts Receivable for $2,400 and credit Revenue for $2,400. OD. Debit Cash for $2,400 and credit Accounts Receivable for $2,400. Account Accounts Payable Accounts Receivable Cash Common Stock Dividends Insurance Expense Retained Earnings Salary Expense Sales Revenue Supplies Balance $23,500 $15,600 $68,000 $32,000 $3,000 $2,100 $25,800 $1,100 $10,000 $1,500 What are the first four lines, in proper order, on the trial balance at May 31, 2019? O A. Cash, Accounts Receivable, Supplies, Accounts Payable O B. Sales Revenue, Salary Expense, Insurance Expense, Supplies O c. Accounts Payable, Dividends, Common Stock, Retained Earnings D. Accounts Payable, Accounts Receivable, Cash, Common Stock

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