Intro to Accounting - Exam 2 - 100%.docx - -66626314630571...

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Intro to Accounting – Exam 2 – 100% Your quiz has been submitted successfully.Lesson 2Question 15 / 5 pointsA company has the following balances in its asset accounts: Cash, $750; Accounts Receivable, $125; Equipment, $2,000; Supplies, $875. The amount of the company’s total assets is __________.Question options:$875$1,750$2,875$3,750
Question 25 / 5 pointsWhich of the following items are on both the balance sheet and the statement of owner's equity?
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Question 35 / 5 pointsWhich of the following is included in the balance sheet?
Question 45 / 5 pointsA revenue should be recorded when __________.
Question 55 / 5 pointsRyan withdrew cash from the business to pay his personal cell phone bill. The expanded accounting equation changes include __________.Question options:
increase in both cash and withdrawaldecrease in both cash and withdrawaldecrease in cash and increase in withdrawalincrease in cash and decrease in withdrawal

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