Ralph Pine Consulting received its telephone bill in the amount of $300, and immediately paid it. Pine's general journal entry to record this transaction will include a
A) Debit to Telephone Expense for $300.
B) Credit to Accounts Payable for $300.
C) Debit to Cash for $300.
D) Credit to Telephone Expense for $300.
E) Debit to Accounts Payable for $300.
A) Debit to Telephone Expense for $300.
You might also like to view...
In a formal proposal, how do you determine the organizational approach to use in the letter of transmittal?
What will be an ideal response?
What is an open-ended question? Why are open-ended questions beneficial to use in the interview process?
What will be an ideal response?
Chow Company sold a car for $18,100. The cost of the car was $37,500 and an accumulated depreciation of $20,400 had been recorded on the same. The entry to record the disposal of the car is:
A) Accumulated Depreciation-Automobile 20,400 Cash 18,100Automobile 37,500Gain on Sale of Automobile 1,000 B) Accumulated Depreciation-Automobile 37,500 Automobile 37,500 C) Accumulated Depreciation-Automobile 20,400 Automobile 20,400 D) Automobile 37,500 Cash 37,500
Nearly every speaker must overcome stage fright; one of the most effective techniques to decrease stage fright is
A) wearing comfortable, relaxed clothing to enhance self-confidence B) knowing the subject thoroughly. C) displaying a fully animated PowerPoint presentation. D) picturing the audience naked.