Business, 06.07.2019 10:10 jeffhuffle17

6. the source document should be written in the a. date column. c. doc. no. column. b. account title column. d. post. ref. column. use the following information to answer questions 7–10. the following activity for j. c. breneman management services took place on june 1, 20—. record these transactions on the journal form provided on the next page. received $3,290 in cash from the owner as an investment (receipt no. 1). borrowed $900 cash from inland bank for business expenses (memo 1). paid cash for supplies, $290 (check no. 1). paid cash for insurance, $1,000 (check no. 2). paid cash for equipment, $2,100 (memo 2). the books of accounting journal page j1 date account title doc. no. p. r. debit credit 7. the correct entry in the date column is for all the transactions is a. june 1. c. jan. 31. b. dec. 31. d. dec. 1. 8. the entries for the debit account titles in the “account title” column are written a. about one-half inch away from the left side. b. in pencil so they may be changed later. c. at the far left side. d. about one inch away from the left side. 9. the amounts that increase the cash account are entered in a. the debit column. b. the credit column. c. both debit and credit columns. d. either debits or credit columns. the books of accounting 10. the totals of the entries in the debit and credit columns are a. 12,345.00 in the debit and 8,220.00 in the credit columns. b. 7,580.00 in both the debit and credit columns. c. 8,220.00 in the debit and 6,290.00 in the credit columns. d. 6,290 in both the debit and credit columns.

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6. the source document should be written in the a. date column. c. doc. no. column. b. account title...

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