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Vicki Lake Is a Computer Consultant

question 38

Essay

Vicki Lake is a computer consultant. Shown below are (a) several accounts in her ledger with each account preceded by an identification number and (b) several transactions completed by Lake. Indicate the accounts debited and credited when recording each transaction by placing the proper account identification numbers to the right of each transaction.
$\begin{array}{|l|l|l|l|}\hline \text { 1. } & \text { Accounts Payable } & 7 . & \text { Telephone Expense } \\\hline \text { 2. } & \text { Accounts Receivable } & 8 . & \text { Unearned Consulting Fees } \\\hline \text { 3. } & \text { Cash } & 9 . & \text { Common Stock } \\\hline 4 . & \text { Consulting Fees Earned } & 10 . & \text { Dividends } \\\hline \text { 5. } & \text { Office Supplies } & 11 . & \text { Insurance Expense } \\\hline 6 . & \text { Office Supplies Expense } & 12 . & \text { Prepaid Insurance } \\\hline\end{array}$ $Vicki Lake is a computer consultant. Shown below are (a) several accounts in her ledger with each account preceded by an identification number and (b) several transactions completed by Lake. Indicate the accounts debited and credited when recording each transaction by placing the proper account identification numbers to the right of each transaction. \begin{array}{|l|l|l|l|} \hline \text { 1. } & \text { Accounts Payable } & 7 . & \text { Telephone Expense } \\ \hline \text { 2. } & \text { Accounts Receivable } & 8 . & \text { Unearned Consulting Fees } \\ \hline \text { 3. } & \text { Cash } & 9 . & \text { Common Stock } \\ \hline 4 . & \text { Consulting Fees Earned } & 10 . & \text { Dividends } \\ \hline \text { 5. } & \text { Office Supplies } & 11 . & \text { Insurance Expense } \\ \hline 6 . & \text { Office Supplies Expense } & 12 . & \text { Prepaid Insurance } \\ \hline \end{array}$

Definitions:

Group Therapy

A form of psychotherapy that involves one or more therapists working with several people at the same time.

Trephination

An ancient surgical procedure involving the drilling or scraping of a hole into the skull, once believed to treat various ailments or release evil spirits.

Supernatural Treatments

Methods of treating illness or disorders that rely on religious or mystical interventions rather than medical science.

Early Treatments

Interventions or medicines applied at the initial stages of a disease or condition intended to cure, alleviate, or prevent the development of further complications.