题目内容

Accounts Payable had a normal beginning balance of $1,300. During the period, there were debit postings of $700 and credit postings of $900. What was the ending balance?

A. $1,500 credit
B. $1,100 debit
C. $1,100 credit
D. $1,500 debit

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The list of all accounts with their balances is the

A. balance sheet.
B. journal.
C. trial balance.
D. chart of accounts.

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The basic summary device of accounting is the

A. account.
B. ledger.
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D. journal.

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The beginning Cash balance was $6,000. At the end of the period, the balance was $7,000. If total cash paid out during the period was $20,000, the amount of cash receipts was

A. $21,000.
B. $26,000.
C. $19,000.
D. $27,000

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In a double-entry accounting system

A. half of all the accounts have a normal credit balance.
B. liabilities, owners’ equity, and revenue accounts all have normal debit balances.
C. a debit entry is recorded on the left side of a T-account.
D. a debit entry is recorded on the right side of a T-account.

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Accounts Payable had a normal beginning balance of $1,300. During the period, there were debit postings of $700 and credit postings of $900. What was the ending balance?

A. $1,500 credit B. $1,100 debit C. $1,100 credit D. $1,500 debit

The list of all accounts with their balances is the

The basic summary device of accounting is the

The beginning Cash balance was $6,000. At the end of the period, the balance was $7,000. If total cash paid out during the period was $20,000, the amount of cash receipts was

In a double-entry accounting system

A. $1,500 credit
B. $1,100 debit
C. $1,100 credit
D. $1,500 debit