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F. Naz
F. Naz, B.Com
Category: Multiple Problems
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Experience:  have completed B.Com and CA Finalist
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I have 40 multiple choice questions. Each question has 4

Customer Question

I have 40 multiple choice questions. Each question has 4 answers to choose from. This is homework. What do you charge?
Submitted: 1 year ago.
Category: Multiple Problems
Customer: replied 1 year ago.
Here are the 40 questions I need answers for:Question 1 of 40 0.0/ 2.5 Points
A withdrawal by the owner was posted to an expense account. This error would cause __________.
A. assets to be overstated
B. liabilities to be understated
C. withdrawals to be overstated
D. expenses to be overstatedQuestion 2 of 40 0.0/ 2.5 Points
A credit to an asset account was posted to a liability account. This error would cause __________.
A. assets to be understated
B. liabilities to be overstated
C. capital to be understated
D. None of the above answers are correct.Question 3 of 40 0.0/ 2.5 Points
The business provided services to a cash customer. To record this __________.
A. an asset is debited and a liability is credited
B. an asset is debited and a revenue is credited
C. an expense is debited and Capital is credited
D. None of the above answers are correct.Question 4 of 40 0.0/ 2.5 Points
Which of the following is not a financial statement?
A. Balance sheet
B. Income statement
C. Statement of owner's equity
D. Trial balanceQuestion 5 of 40 0.0/ 2.5 Points
Which of the following transactions would cause the debit and credit columns in the trial balance to be unequal?
A. debit Cash, $900; credit Revenue, $900
B. debit Accounts Payable, $350; credit Cash, $350
C. debit Equipment $1,400; credit Accounts Receivable, $1,400
D. debit Withdrawals, $500; credit Cash, $500Question 6 of 40 0.0/ 2.5 Points
A debit to an expense account was posted to a revenue account. This error would cause __________.
A. assets to be overstated
B. liabilities to be overstated
C. revenue to be understated
D. None of the above answers are correct.Question 7 of 40 0.0/ 2.5 Points
A debit to an asset account was posted to an expense account. This error would cause __________.
A. liabilities to be overstated
B. expenses to be overstated
C. assets to be understated
D. Both B and C are correct.Question 8 of 40 0.0/ 2.5 Points
Which of the following is prepared first?
A. Balance sheet
B. Income statement
C. Statement of owner's equity
D. Trial balanceQuestion 9 of 40 0.0/ 2.5 Points
Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?
Cash $1000
Equipment 500
Accounts Payable 350
Capital 900
Service Fees 1000
Salaries Expense 750
A. $3,250 debit, $3,250 credit
B. $1,125 debit, $1,125 credit
C. $4,500 debit, $4,500 credit
D. $2,250 debit, $2,250 creditQuestion 10 of 40 0.0/ 2.5 Points
Which of the following groups of accounts have a normal credit balance?
A. revenue, liabilities, and capital
B. assets, capital, and withdrawals
C. liabilities, expenses, and assets
D. assets, expenses, and withdrawalsQuestion 11 of 40 0.0/ 2.5 Points
The purpose of the trial balance is __________.
A. to list all of the accounts in the chart of accounts
B. to report all accounts with zero balances
C. to prove that debits equal credits
D. to distribute it with the other financial reportsQuestion 12 of 40 0.0/ 2.5 Points
The business incurred an expense and paid it immediately. To record this __________.
A. an expense is debited and a liability is credited
B. an expense is debited and an asset is credited
C. an expense is debited and Capital is credited
D. None of the above answers are correct.Question 13 of 40 0.0/ 2.5 Points
The chart of accounts __________.
A. is a numbered list of all of the business' accounts
B. allows accounts to be located quickly
C. can be expanded as the business grows
D. All of the above answers are correct.Question 14 of 40 0.0/ 2.5 Points
A credit to a liability account was posted to an expense account. This error would cause __________.
A. assets to be overstated
B. liabilities to be overstated
C. expenses to be overstated
D. None of the above answers are correct.Question 15 of 40 0.0/ 2.5 Points
A debit to a liability account was posted to the capital account. This error would cause __________.
A. assets to be overstated
B. liabilities to be overstated
C. capital to be overstated
D. None of the above answers are correct.Question 16 of 40 0.0/ 2.5 Points
A credit to an asset account was posted to the capital account. This error would cause __________.
A. assets to be overstated
B. liabilities to be overstated
C. capital to be understated
D. Both A and C are correct.Question 17 of 40 0.0/ 2.5 Points
A credit customer paid $850 toward his accounts receivable. The accountant recorded a credit to the revenue account. This error would cause __________.
A. revenue to be understated
B. cash to be overstated
C. accounts receivable to be overstated
D. liabilities to be understatedQuestion 18 of 40 0.0/ 2.5 Points
Given the following list of accounts with normal balances,
Customer: replied 1 year ago.
I have already paid.
Expert:  Johnmark1900 replied 1 year ago.

Thanks for requesting me. Let me know your deadline. And you have not paid, your funds are with justanswer. Once ill provide you answer then you will rate, then the funds are deducted

Customer: replied 1 year ago.
I'm sorry but I do not understand how to get the answers to the 40 problems. I paid 56.00 and this is my first time bUT Idk what to do to see them all.
Customer: replied 1 year ago.
I don't know what to do. I don't see any answers. I attached all of the questions in a word document. I see nothing. I don't know whats next.
Customer: replied 1 year ago.
My paypal account has already subtracted the funds....
Customer: replied 1 year ago.
I have 2 more test. One is 40 questions, the other is 20. i'm trying to get with somebody who can help me complete all including the balance.
Customer: replied 1 year ago.
I'm confused. Please tell me how to get the answers to the first 40 questions I already submitted. Paypal shows I paid $56.00.
Customer: replied 1 year ago.
hello?
Expert:  F. Naz replied 1 year ago.

I am sending you the offer, please accept it and also mention your deadline, so the answer may be provided, thanks.

Customer: replied 1 year ago.
I do not see any answers to the 40 questions. I am not interested in your additional offer. I don't see anything to rate.
Expert:  F. Naz replied 1 year ago.

what is your deadline, thanks.

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