x.Hmss=\"questionWrap\"> Please help me answer these questions. Jasmine Industri

Question

x.Hmss="questionWrap"> Please help me answer these questions.

Jasmine Industries received its telephone bill inthe amount of $400, and immediately paid it. Jasmine's general journalentry to record this transaction will include a A-Debit to Cash for $400. B-Credit to Telephone Expense for $400. C- Debit to Telephone Expense for $400. D- Debit to Accounts Payable for $400.
Consulting Services, Inc. provides services to clients. On May 1, aclient prepaid Consulting Services $90,000 for 6-months contract inadvance. Consulting Services' general journal entry to record thistransaction will include a Please help me answer these questions.

Jasmine Industries received its telephone bill inthe amount of $400, and immediately paid it. Jasmine's general journalentry to record this transaction will include a A-Debit to Cash for $400. B-Credit to Telephone Expense for $400. C- Debit to Telephone Expense for $400. D- Debit to Accounts Payable for $400.
Consulting Services, Inc. provides services to clients. On May 1, aclient prepaid Consulting Services $90,000 for 6-months contract inadvance. Consulting Services' general journal entry to record thistransaction will include a A-Debit to Cash for $400. B-Credit to Telephone Expense for $400. C- Debit to Telephone Expense for $400. D- Debit to Accounts Payable for $400.
Consulting Services, Inc. provides services to clients. On May 1, aclient prepaid Consulting Services $90,000 for 6-months contract inadvance. Consulting Services' general journal entry to record thistransaction will include a A-Debit to Cash for $400. B-Credit to Telephone Expense for $400. C- Debit to Telephone Expense for $400. D- Debit to Accounts Payable for $400.

Explanation / Answer

B-Credit to Telephone Expense for $400. A- Credit to Unearned Management Fees for $90,000. D C E A A A C C B B C D A A E B A C

Related Questions

Navigate

• Browse (All)
• Browse X
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.