Quiz 52: Accounting Entries

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For each question click on an answer to reveal whether its Right! or Wrong.

1. What is the accounting entry to record a cash sale?
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2. What is the accounting entry to record the purchase of fixed assets on credit from a supplier?
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3. What is the accounting entry to record the receipt of cash from a credit account customer?
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4. What is the accounting entry for the accrual of wages?
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5. What are the accounting entries to record a cash withdrawal by the owner.
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6.What are the accounting entries for recording the depreciation expense for an accounting period?
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7. What is the accounting entry to record the payment of a dividend?
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8. What are the accounting entries to record the cash payment of a utility expense?
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9. What are the accounting entries to record the invoicing of a credit customer for services provided?
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10. What is the accounting entry to record the investment of cash by the owner of a business?
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Quiz 52: Accounting Entries December 14th, 2016Team

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