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Question 11 of 205.0/ 5.0 PointsWhen an owner records a credit for $650 for revenue earned but not yet received, the amount of the debit should be __________.A. $325B. $0C. $975D. $650Question 12 of 200.0/ 5.0 PointsJim Walton performed services on credit for $2,450. A debit for this transaction should be recorded to __________.Question 13 of 200.0/ 5.0 PointsOffice Supplies had a normal starting balance of $75. There were debit postings of $80 and creditpostings of $60 during the month. The ending balance is __________.
Question 14 of 205.0/ 5.0 PointsOne asset would be debited and another credited if __________.Question 15 of 205.0/ 5.0 PointsThe ledger is __________.A. a group of accounts that records data from business transactionsB. a tool used to make sure that all accounts have normal balancesC. a chronological record of the day's transactionsD. a tool used to ensure that debits equal credits