The Accounting Quiz

Random Miscellaneous Quiz

Can you name the accounts classified as each of the following?

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Owner's Equity
Source Documents
In the transaction, PAID CASH FOR ADVERTISING, $75, you should debit advertising and __________ Cash.
Each item recorded in a journal is called a/an:
In the transaction, PAID CASH FOR MISCELLANEOUS EXPENSE, $400, you should debit _________________________ and credit Cash.

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