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1- Which of the following entries would record the payment of a utility bill?
a) utilities expense, debit, cash , credit
b) cash debit , utilities expenses, credit
c) utilities expense, debit, accounts payable, credit
d) accounts receivable, debit, utilities expenses, credit

2- On july 1 Hill's construction paid six months'insurance in advance. the journal entry to record this transaction is:
a) debit prepaid insurance, credit cash
b) debit insurance expense, credit cash
c) debit cash, credit prepaid insurance
d) debit cash, credit insurance expense

3- Riley's book review billed customers $450. the journal entry to record this transaction is:
a) accounts receivable debit $450, editing fees credit $450
b) editing fees debit $450, Riley, capital credit $450
c) accounts payable debit$450, editing fees credit $450
d) accounts payable debit $450, Riley, Capital credit $450

4- If accounts payable has been credited, it is most likely that;
a) a collection from a customer was made
b) a service was provided to a cash customer
c) the company made a purchase on account.
d) none of these are possible

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