Question and answer
National authority has greatly expanded in the twentieth century primarily because: A. the states and their citizens have become increasingly interdependent. B. constitutional amendments have
opened the way for wider application of national authority. C. the state governments have shown themselves to be an ineffective level of government. D. the Democrats have been in control of Congress for most of the century. Reset Selection
A) the states and their citizens have become increasingly interdependent.
Expert answered|mythmoh|Points 4879|
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Asked 6/11/2012 4:07:23 PM
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which of the following increase owner's equity? a. expenses b. revenue c. withdrawals d. receiving cash from customers
Weegy: B.) Revenue increases owner's equity. (More)
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Expert Answered
Asked 6/8/2012 3:30:17 PM
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A firm paid cash to apply against a debt. To record this transaction, the accountant would: 1. debit Accounts Receivable and credit Cash. 2. debit Accounts Payable and credit Cash. 3. debit Cash and credit Accounts Payable. 4. credit Cash and credit Accounts Payable.
Weegy: (d) accounts payable (c) cash Whenever you buy something on credit, it is: (d) asset (thing you bought) (c) accounts payable (IOU) but when it is time to pay your debt: (d) accounts payable (IOU) (c) cash User: When an entry is made in the general journal, __________ should be indented. A. the accounts to be credited B. the first account entered C. liability, capital, and revenue accounts D. asset accounts User: When an entry is made in the general journal: A. assets should be listed first. B. accounts to be debited should be listed first. C. accounts to be increased should be listed first. D. accounts may be listed in any order. User: The journal entry to record the sale of services on credit should include a debit to __________ and a credit to __________. A. Accounts Receivable; Capital B. Cash; Accounts Receivable C. Fees Income; Accounts Receivable D. Accounts Receivable; Fees Income User: If a transaction is properly analyzed and recorded: A. only two accounts will be used to record the transaction. B. one account balance will increase and another will decrease C. one asset account will be debited and one liability account will be credited. D. the total amount debited will equal the total amount credited. Weegy: the total amount debited will equal the total amount credited (More)
Question
Expert Answered
Updated 137 days ago|5/7/2014 3:53:44 AM
1 Answer/Comment
When an entry is made in the general journal, accounts to be debited should be listed first.
Added 137 days ago|5/7/2014 3:53:44 AM
The journal entry to record the purchase of equipment for a $100 cash down payment and a balance of $400 due in 30 days would include a debit to __________ and a credit to __________. A. Equipment for $100; Cash for $100 B. Equipment for $500; Cash for $100, and to Accounts Payable for $400 C. Equipment for $100; Accounts Payable for $400 D. Equipment for $500; Cash for $500
Question
Updated 3/31/2013 3:32:43 PM
1 Answer/Comment
The journal entry to record the purchase of equipment for a $100 cash down payment and a balance of $400 due in 30 days would include a debit to Equipment for $500; and a credit to Cash for $100, and to Accounts Payable for $400.



Added 3/31/2013 3:32:43 PM
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