30. Which of the following accounts would normally have a credit balance? Accounts Payable, Service...
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30. Which of the following accounts would normally have a credit balance? Accounts Payable, Service Revenue, Ordinary share Salaries Payable, Unearned Revenue, Delivery Expense Income Tax Payable, Service Revenue, Dividends Cash, Repairs and Maintenance Expense, Dividends Which of the following is not a possible journal entry? Credit assets. Debit expenses Debit assets, Debit shareholders' equity Credit revenues, Debit assets Debit expenses, Credit liabilities Manatee Service Company provides services to customers totaling $3,000, for which it billed the customers. How would the transaction be recorded? O Debit Cash $3,000, Credit Service Revenue $3,000 Debit Accounts Receivable $3,000, Credit Service Revenue $3,000 Debit Accounts Receivable $3,000, Credit Cash $3,000 Debit Service Revenue $3,000. Credit Accounts Receivable $3,000 33. Milkweed Company received a bill for newspaper advertising services received, $400. The bill will be paid in 10 days. How would the transaction be recorded today? O Debit Advertising Expense $400. Credit Accounts Payable $400 O Debit Accounts Payable $400, Credit Advertising Expense $400 O Debit Accounts Payable $400, Credit Cash $400 O Debit Advertising Expense $400. Credit Cash $400 34. When a company pays utilities of $1,800 in cash, the transaction is recorded as: O Debit Utilities Expense $1,800. Credit Utilities Pavable $1,800. 0 Debit Utilities Payable $1.800. Credit Cash $1.800. Debit Cash $1.800. Credit Unilities Expense $1,800. O Debit Utilities Expense $1.800. Credit Cash $1.800


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