Miley Block, Inc

question 162

Essay

Miley Block, Inc. is a building consultant. Shown below are (a) several accounts in her ledger with each account preceded by an identification number, and (b) several transactions completed by Block. Indicate the accounts debited and credited when recording each transaction by placing the proper account identification numbers to the right of each transaction. $$\begin{array} { | l | l | l | l| } \hline \text { 1. } & \text { Accounts Payable } & 7 . & \text { Telephone Expense } \\\hline \text { 2. } & \text { Accounts Receivable } & 8 & \text { Unearned Revenue } \\\hline \text { 3. } & \text { Cash } & 9 . & \text { Common Stodk } \\\hline \text { 4. } & \text { Consulting Fees Earned } & 10 . & \text { Dividends } \\\hline \text { 5. } & \text { Office Supplies } & 11 . & \text { Insurance Expense } \\\hline 6 . & \text { Office Supplies Expense } & 12 . & \text { Prepaid Insurance } \\\hline\end{array}$$ $$\begin{array} { | l | l | c | c| } \hline & & \text { Debit } & \text { Credit } \\\hline & \text { Example: } & & \\\hline & \text { Completed consulting work for a client who will pay at a later date } & 2 & 4 \\\hline \text { A. } & \text { Received cash in advance from a customer for designing a building } & & \\\hline \text { B. } & \text { Purchased office supplies on credit } & & \\\hline \text { C. } & \text { Paid for the supplies purflased in B } & & \\\hline \text { D. } & \text { Received the telephone bill of the business and immediately paid it } & & \\\hline \text { E. } & \text { Paid for a 3-year insurance policy } & & \\\hline\end{array}$$

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Definitions:

Gastrocnemius

A large muscle located in the back part of the lower leg, forming part of the calf and responsible for flexing the foot and bending the knee.

Orbicularis Oculi

A circular muscle around the eye socket that allows for the closing of the eyes.

Gluteus Maximus

The largest and most superficial of the three gluteal muscles, significantly involved in the movement and stability of the hip and thigh.

Posterior Thigh

The posterior thigh refers to the back part of the thigh, encompassing the muscles, nerves, and tissues located behind the femur, primarily involved in the extension and rotation of the leg.