Few MCQ

5. The owner of BobCats R Us paid his personal MasterCard bill using a company check. The correct entry to record the transaction is:

 

6.  The business provided services to a cash customer. To record this:

 

7.  The entry to record Tom’s payment of a home telephone bill is:

 

8. Which of the statements of the rules of debit and credit is true

 

9. Which of the following entries would be used to record the billing of fees earned

 

17. Dennis, owner of Dennis’ Golf Center, withdrew $900 in cash from the business. Record the transaction by

  

19. A credit to an asset account was posted to the Capital account. This error would cause

 

20. The owner invested personal equipment in the business. To record this transaction