Question 11 of 20 50 50 points when an owner records

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Question 11 of 20 5.0/ 5.0 Points When an owner records a credit for $650 for revenue earned but not yet received, the amount of the debit should be __________. A. $325 B. $0 C. $975 D. $650
Question 12 of 20 0.0/ 5.0 Points Jim Walton performed services on credit for $2,450. A debit for this transaction should be recorded to __________.
Question 13 of 20 0.0/ 5.0 Points Office Supplies had a normal starting balance of $75. There were debit postings of $80 and credit postings of $60 during the month. The ending balance is __________.
B. $55 credit C. $95 debit D. $95 credit Question 14 of 20 5.0/ 5.0 Points One asset would be debited and another credited if __________.
Question 15 of 20 5.0/ 5.0 Points The ledger is __________. A. a group of accounts that records data from business transactions B. a tool used to make sure that all accounts have normal balances C. a chronological record of the day's transactions D. a tool used to ensure that debits equal credits

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