Short Questions 164. Identify which of the following items would likely serve as a source document by marking an X in the appropriate column. The first one is done as an example. Yes No Ex. Credit card X a. Credit card receipt b. Purchase order c. Invoice d. Balance sheet e. Bank statement f. Journal entry g. Electric power bill h. Employee earnings record 165. Indicate whether a debit or credit entry would be made to record the following changes in each account: a. To decrease Cash. b. To increase Common Stock. c. To decrease Accounts Payable. d. To increase Salaries Expense. e. To decrease Supplies. f. To increase Revenue. g. To decrease Accounts Receivable. h. To increase Retained Earnings.

Short Questions 164. Identify which of the following items would likely serve as a source document by marking an X in the appropriate column. The first one is done as an example. ...

Short Questions

164. Identify which of the following items would likely serve as a source document by marking an X in the appropriate column. The first one is done as an example.

		Yes	No
Ex.	Credit card		X
a.	Credit card receipt
b.	Purchase order
c.	Invoice
d.	Balance sheet
e.	Bank statement
f.	Journal entry
g.	Electric power bill
h.	Employee earnings record

165. Indicate whether a debit or credit entry would be made to record the following changes in each account:

a. To decrease Cash.

b. To increase Common Stock.

c. To decrease Accounts Payable.

d. To increase Salaries Expense.

e. To decrease Supplies.

f. To increase Revenue.

g. To decrease Accounts Receivable.

h. To increase Retained Earnings.

May 15, 2022

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Short Questions 164. Identify which of the following items would likely serve as a source document by marking an X in the appropriate column. The first one is done as an example. ...

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