The Proper Journal Entry to Purchase a Computer Costing $975

question 201

Multiple Choice

The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be

• A) Office Supplies 975
• Accounts Payable 975
• B) Office Equipment 975
• Accounts Payable 975
• C) Office Supplies 975
• Accounts Receivable 975
• D) Office Equipment 975
• Accounts Receivable 975

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Definitions:

Notre-Dame

A medieval Catholic cathedral on the Île de la Cité in the 4th arrondissement of Paris, France, known for its French Gothic architecture.

Naumburg

A city in Germany, famous for its well-preserved medieval architecture and the Naumburg Master’s sculptures in the cathedral.

Ekkehard and Uta

Statues representing a noble couple from the medieval period, famously located in the Naumburg Cathedral in Germany, renowned for their realistic portrayal.

S-shaped Curve

A graphical representation of growth that starts slowly, increases rapidly, then slows down again, often used in population dynamics and product life cycles.