Assume that the chart of accounts for Roth Co. includes the following accounts: Cash, Accounts Receivable, Equipment, Accounts Payable, Sam Roth, Capital, Sam Roth, Drawing, Fees Earned, Salary Expenses, and Utilities Expense. On July 2, the company received cash from customers on account $2,000. Using the chart of accounts above, indicate the account that should be recorded in the Description column of the Journal item (1) as the debit account for the $2,000 amount. JOURNAL page 2 date description p.ref. debit CREDIT 7/02/Y6 (1) $2,000 (2) $2,000
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50 questions 120 minutes to complete. Backtracking will be…
50 questions 120 minutes to complete. Backtracking will be prohibited , meaning you cannot go back once you have answered the question. Only the chapters covered in the last Unit will be covered, meaning the Final exam is not comprehensive.
The assets and liabilities of So So Service at December 31,…
The assets and liabilities of So So Service at December 31, 20Y2, the end of the current year, and its revenue and expenses for the year are listed below. The amount of capital of the owner, A. Southern, was $174,000 at December 31, 20Y2, the end of the current year after the statement of owner’s equity was prepared. Using the information below, determine the amount of liabilities that should be listed on the balance sheet as of December 31, 20Y2. Accounts payable 20,000 Accounts Receivable 40,000 Cash 120,000 Fees earned 200,000 Land 30,000 Miscellaneous expense 2,000 Rent expense 18,000 Supplies 1,000 Supplies expense 3,000 Wages expense 100,000
A patient with cirrhosis is found to have an elevated alpha-…
A patient with cirrhosis is found to have an elevated alpha-fetoprotein level. Which of the following should be considered?
When does the El Niño current along the west coast of South…
When does the El Niño current along the west coast of South America regularly occur?
What did you learn while working in this group? How will you…
What did you learn while working in this group? How will you operate differently for the next phase of this project?
Which of the following is the leading cause of cirrhosis in…
Which of the following is the leading cause of cirrhosis in the United States?
Which liver pathology is characterized by multiple small hyp…
Which liver pathology is characterized by multiple small hypoechoic abscesses, commonly seen in immunocompromised patients?
In “Defender of the Faith” the central conflict revolves aro…
In “Defender of the Faith” the central conflict revolves around
The ligamentum teres is a remnant of which fetal structure,…
The ligamentum teres is a remnant of which fetal structure, and what is its function in the context of portal hypertension?