10.
Indicate the journal in which each of the following transactions can be recorded:Recorded depreciation at end of accounting period
A) General (two-column)
B) Cash Receipts
C) Revenue
D) Cash Payments
E) Purchases
11.
Indicate the journal in which each of the following transactions can be recorded:Closed the services revenue account at the end of the year
A) Cash Receipts
B) Purchases
C) Cash Payments
D) Revenue
E) General (two-column)
12.
Indicate the journal in which each of the following transactions can be recorded:Purchased supplies on account
A) Cash Payments
B) Revenue
C) Cash Receipts
D) General (two-column)
E) Purchases
13.
Indicate the journal in which each of the following transactions can be recorded:Issued an invoice for services provided on account
A) Cash Receipts
B) Purchases
C) General (two-column)
D) Cash Payments
E) Revenue
14.
Indicate the journal in which each of the following transactions can be recorded:Paid cash in payment of account with creditor
A) Purchases
B) Cash Receipts
C) Revenue
D) General (two-column)
E) Cash Payments

Merchandise inventory at end of period
A) Balance Sheet: Current liabilities
B) Statement of Owner’s Equity
C) Income Statement: Selling Expenses
D) Balance Sheet: Current assets

S. Claus, Capital at end of period
A) Income Statement: Selling Expenses and Balance Sheet: Current liabilities
B) Balance Sheet: Current assets and Income Statement: Administrative expenses
C) Income Statement: Revenue from sales and Balance Sheet: Property, plant, and equipment
D) Statement of Owner’s Equity and Balance Sheet: Owner’s equity

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