Question and answer
When an entry is made in the general journal, (Points : 4) assets should be listed first. accounts to be debited should be listed first. accounts to be increased should be listed first. accounts may be listed in any order.
When an entry is made in the general journal, accounts to be debited should be listed first.
Question
Asked 8/6/2013 8:30:15 AM
Updated 3/26/2016 7:24:54 AM
1 Answer/Comment
Get an answer
New answers
Rating
3
When an entry is made in the general journal, accounts to be debited should be listed first.
Added 3/26/2016 7:24:54 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [3/26/2016 10:50:33 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The process of transferring data from the journal to the ledger is known as balancing. journalizing. ledgering posting
Question
Expert Answered
Updated 8/6/2013 8:30:32 AM
1 Answer/Comment
The process of transferring data from the journal to the ledger is known as: POSTING.
Added 8/6/2013 8:30:32 AM
This answer has been confirmed as correct and helpful.
Rated good by debnjerry, Confirmed by debnjerry [12/27/2014 7:54:09 PM]
The journal entry to record the payment of a monthly utility bill would include a debit to Utilities Expense and a credit to Capital. a debit to Capital and a credit to Cash. a debit to Utilities Expense and a credit to Cash. a debit to Utilities Expense and a credit to Accounts Payable
Weegy: The correct answer is B. Capital; Cash Source: (More)
Question
Expert Answered
Updated 2/22/2015 10:08:34 AM
1 Answer/Comment
The journal entry to record the payment of a monthly utility bill would include a debit to Utilities Expense and a credit to Cash.
Added 2/22/2015 10:08:34 AM
This answer has been confirmed as correct and helpful.
When an entry is made in the general journal, the accounts to be credited should be indented. the first account entered should be indented. liability, capital, and revenue accounts should be indented. asset accounts should be indented
Weegy: When an entry is made in the general journal, the accounts to be credited should be indented. bcis.btc.ctc.edu/sdahl/AccountingPracticeTests/.../Chapter%204.rtf (More)
Question
Expert Answered
Updated 2/22/2015 10:08:57 AM
0 Answers/Comments
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 $100 and a credit to Cash for $100. a debit to Equipment for $500, a credit to Cash for $100, and a credit to Accounts Payable for $400. a debit to Equipment for $100 and a credit to Accounts Payable for $400. debit to Equipment for $500 and a credit to Cash for $500.
Weegy: 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 a credit to Accounts Payable for $400. ] (More)
Question
Expert Answered
Updated 12/27/2014 7:53:47 PM
0 Answers/Comments
27,358,024
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
What are the means of the following proportion? 3/15 = 12/60 ...
Weegy: The extremes of the proportion 3/15 = 12/60 are 3 and 60.
9/17/2018 12:13:43 PM| 2 Answers
Which state was admitted as a free state in 1810? A. ...
Weegy: Maine was admitted as a free state in 1810. User: Why was John Quincy Adams not elected for a second term? ...
9/14/2018 2:55:00 PM| 2 Answers
The Monroe Doctrine was updated and adapted to the Roosevelt era with ...
Weegy: The Monroe Doctrine was updated and adapted to the Roosevelt era with The Roosevelt Corollary. User: Which ...
9/17/2018 8:38:36 PM| 2 Answers
______ is a literary tool that suggests mental pictures of sights, ...
Weegy: Simile is a figure of speech in which two unlike things are explicitly compared. User: "The fog comes On ...
9/17/2018 9:11:01 PM| 2 Answers
S
L
Points 1125 [Total 1436] Ratings 14 Comments 985 Invitations 0 Offline
S
R
L
R
P
R
P
R
R
R
R
Points 412 [Total 1296] Ratings 3 Comments 292 Invitations 9 Offline
S
L
R
P
R
P
R
P
R
Points 381 [Total 1156] Ratings 3 Comments 321 Invitations 3 Offline
S
L
P
P
P
Points 333 [Total 1209] Ratings 0 Comments 333 Invitations 0 Offline
S
L
R
Points 34 [Total 151] Ratings 0 Comments 34 Invitations 0 Offline
S
Points 33 [Total 33] Ratings 1 Comments 23 Invitations 0 Offline
S
Points 19 [Total 19] Ratings 0 Comments 19 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
L
1
R
Points 2 [Total 1453] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.