Question : 126. Office supplies purchased by Ari’s Alarm Service account were returned. : 1226924

126. Office supplies purchased by Ari’s Alarm Service on account were returned.  Which of the following entries for Ari’s Alarm Service records this transaction? 
A. Cash, debit; Office Supplies, credit
B. Office Supplies, debit; Accounts Receivable, credit
C. Accounts Payable, debit; Office Supplies, credit
D. Office Supplies, debit; Accounts Payable, credit

127. Cash was paid by Ari’s Alarm Service to creditors on account.  Which of the following entries for Ari’s Alarm Service records this transaction? 
A. Cash, debit; Retained Earnings, credit
B. Accounts Payable, debit; Cash, credit
C. Accounts Receivable, debit; Cash, credit
D. Accounts Payable, debit; Account Receivable, credit

128. The process of initially recording a business transaction is called 
A. trial balancing
B. posting
C. journalizing
D. balancing

129. Which of the following entries records the acquisition of office supplies on account? 
A. Office Supplies, debit; Cash, credit
B. Cash, debit; Office Supplies, credit
C. Office Supplies, debit; Accounts Payable, credit
D. Accounts Receivable, debit; Office Supplies, credit

130. Which of the following entries records the payment of rent for the current month? 
A. Cash, debit; Rent Expense, credit
B. Rent Expense, debit; Cash, credit
C. Rent Expense, debit; Accounts Receivable, credit
D. Accounts Payable, debit; Rent Expense, credit

131. Which of the following entries records the receipt of cash from patients on account? 
A. Accounts Payable, debit; Fees Earned, credit
B. Accounts Receivable, debit; Fees Earned, credit
C. Accounts Receivable, debit; Cash, credit
D. Cash, debit; Accounts Receivable, credit

132. Which of the following entries records the collection of cash from cash customers? 
A. Fees Earned, debit; Cash, credit
B. Fees Earned, debit; Accounts Receivable, credit
C. Cash, debit; Fees Earned, credit
D. Accounts Receivable, debit; Fees Earned, credit

133. Which of the following entries records the receipt of cash for two months’ rent? The cash was received in advance of providing the service. 
A. Prepaid Rent, debit; Rent Revenue, credit.
B. Cash, debit; Unearned Rent, credit.
C. Cash, debit; Prepaid Rent, credit.
D. Cash, debit; Rent Expense credit.

134. A patient has a physical examination and asks the bookkeeper to mail the bill.  The bookkeeper should 
A. make no entry until the cash is received
B. Cash, debit; Accounts Receivable, credit
C. Cash, debit; Fees Earned, credit
D. Accounts Receivable, debit; Fees Earned, credit

135. Prarie Clinic purchased X-ray equipment for $4,000, paid $1,275 down, with the remainder to be paid later.  The correct entry would be
 
A. Equipment                 1,275
      Cash                                           1,275
B. Cash                                       1,275
Accounts Payable                    2,725
      Equipment                                   4,000
C. Equipment Expense                  4,000
      Accounts Payable                         1,275
      Cash      2,725     
D. Equipment                       4,000
      Accounts Payable                         2,725
      Cash                                            1,275