10. Service rendered on account is recorded by a: A. Debit to service revenue B. Credit to cash C. Debit to accounts receivable D. Credit to accounts payable 11. Payment of an accounts is recorded by a: A. Debit to accounts receivable B. Debit to accounts payable C. Credit to cash D. Both B and C are correct 12. When an amount is posted on the wrong side of the account: A. There is no error B. The amount off error is twice that of the amount posted C. The amount of error is exactly divisible by two D. Both B and C are correct
10. Service rendered on account is recorded by a: A. Debit to service revenue B. Credit to cash C. Debit to accounts receivable D. Credit to accounts payable 11. Payment of an accounts is recorded by a: A. Debit to accounts receivable B. Debit to accounts payable C. Credit to cash D. Both B and C are correct 12. When an amount is posted on the wrong side of the account: A. There is no error B. The amount off error is twice that of the amount posted C. The amount of error is exactly divisible by two D. Both B and C are correct
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Help me answer 10-12
![10. Service rendered on account is recorded by a:
A. Debit to service revenue
B. Credit to cash
C. Debit to accounts receivable
D. Credit to accounts payable
11. Payment of an accounts is recorded by a:
A. Debit to accounts receivable
B. Debit to accounts payable
C. Credit to cash
D. Both B and C are correct
12. When an amount is posted on the wrong side of the
account:
A. There is no error
B. The amount off error is twice that of the amount posted
C. The amount of error is exactly divisible by two
D. Both B and C are correct](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F81867538-b75f-43bc-886b-a8b046866186%2Fa8dfc244-5cbf-46dc-9327-812613c1c375%2Fsmed4j_processed.jpeg&w=3840&q=75)
Transcribed Image Text:10. Service rendered on account is recorded by a:
A. Debit to service revenue
B. Credit to cash
C. Debit to accounts receivable
D. Credit to accounts payable
11. Payment of an accounts is recorded by a:
A. Debit to accounts receivable
B. Debit to accounts payable
C. Credit to cash
D. Both B and C are correct
12. When an amount is posted on the wrong side of the
account:
A. There is no error
B. The amount off error is twice that of the amount posted
C. The amount of error is exactly divisible by two
D. Both B and C are correct
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