This month,Grass is Greener Lawn Service pays cash for $4,000 of grass fertilizer to be used two months from now.What journal entry will Grass is Greener record this month?
A) Debit cash for $4,000 and credit supplies expense for $4,000.
B) Debit supplies expense for $4,000 and credit accounts payable for $4,000.
C) Debit supplies for $4,000 and credit cash for $4,000.
D) Debit retained earnings for $4,000 and credit accounts payable for $4,000.
Correct Answer:
Verified
Q81: Customers paid $8,000 on their accounts.Which accounts
Q82: Which of the following journal entries would
Q83: This month,a company performed $517,000 of services
Q84: On the last day of the current
Q85: Austin Insurance (AI)earned $10,000 revenue for services
Q87: The unadjusted trial balance:
A)is a preliminary financial
Q88: Which of the following groups of accounts
Q89: Sparkling Pools provides $1,000 of pool maintenance
Q90: In January,a company pays for advertising space
Q91: Sparkling Pools received a bill for $1,200
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents