Given the Following Accounts

question 13

Multiple Choice

Given the following accounts:
-Sold products on account.
Debit ________ & ________ Credit ________ & ________

• A)Expense accounts.
• B)Accounts receivable
• C)Finished goods inventory.
• D)Work in process inventory.
• E)Raw materials inventory.
• F)Factory supplies inventory.
• G)Manufacturing overhead applied
• H)Depreciation expense
• I)Accounts payable.
• J)Payroll payable
• K)Utilities expense
• L)Sales.
• M)Raw materials purchases.
• N)Manufacturing overhead-control.
• O)Cost of goods sold.
• Indicate the account(s) to be debited and credited to record the following transactions.

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Definitions:

Babbling

The production of repetitive syllables by infants, which precedes the development of language.

Phonemic Speech

The aspect of language that deals with the system of sounds (phonemes) and their function and usage within a language.

Telegraphic Speech

A developmental stage in child language acquisition where speech is concise and includes only essential content words, resembling the succinctness of a telegram.