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QUESTION

10. Which of the following entries records the payment of an account payable?

10. Which of the following entries records the payment of an account payable? (Points: 3)debit Cash; credit Accounts Payable debit Accounts Receivable; credit Cash debit Cash; credit Supplies Expense debit Accounts Payable; credit Cash 11. A chart of accounts is (Points: 3)the same as a balance sheet usually a listing of accounts in alphabetical order usually a listing of accounts in financial statement order used in place of a ledger 12. The payment for the monthly rent will require the following entry (Points: 3)Debit Cash and Debit Rent Expense Credit Cash and Credit Rent Expense Debit Rent Expense and Credit Cash Credit Rent Expense and Debit Cash 13. April 23 Cash 14,000 Jim Xu, Capital 14,000 Invest cash in Xu Co. The journal entry will: (Points: 3)Increase Capital and decrease Cash Increase Cash and decrease Capital Increase Cash and increase Capital Decrease Cash and decrease Capital

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