21) Toys, Inc. paid one of its creditors $678 on their balance due. The journal entry would require a __________. 22) Tonga Corporation purchased $350 of office supplies on account and treated the...





21) Toys, Inc. paid one of its creditors $678 on their balance due. The journal entry would require a __________.



22) Tonga Corporation purchased $350 of office supplies on account and treated the supplies as a prepaid expense. The journal entry would require a __________.



23) Casey Corporation purchased a $600 two-year insurance policy for cash. The journal entry would require a __________.



24) Brandon Company sold season tickets for $700 on account. The journal entry would be to __________.



25) One of the customers of Amanda Company paid $223 on her bill. The journal entry that Amanda Company would record is __________.



26) The account "Cash" had the following changes: increase of $250, decrease of $75, increase of $113, and a decrease of $35. The final balance is a __________.



27) Given the following general ledger template, identify the parts of the ledger.



Account CashAccount Number 111


































A




B




C




D




E




F




G
















































28) The account "Notes Payable" had the following changes: increase of $500, increase of $200, decrease of $550, and an increase of $250. The final balance is a __________.







May 15, 2022
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