Which of the following best describes the effect on the accounting equation when a company records a journal entry that debits Cash and credits Service Revenue?

When a buyer purchases a cooperative and the sale is completed, which journal entry should the buyer record?

Ron borrows \$10,000 from a bank and agrees to repay the loan in full, including interest, with a single payment at the end of one year. How many payments should Ron make on the repayment date?

Pia ordered a salad for \$8 and a drink for \$3. She paid with a \$20 bill. How much change should she receive?

In the context of journal entries and the use of primary keys in accounting tables, if 'Customer ID' is the primary key in a customer table, which field should be moved to a separate table to maintain proper database normalization?

17. Which of the following transactions will reduce your checking account balance immediately?

Which of the following is the correct journal entry to record the payment of a liability in cash?

Which of the following best describes the effect of a debit entry in accounting?

In the context of recording journal entries, which of the following best describes the effect of a debit entry to the Cash account?