Miley Block Is a Building Consultant A Received Cash in Advance from a
Customer for Accounts

question 123

Essay

Miley Block 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.

$\begin{array}{llll}\text { 1. } & \text { Accounts Payable } & 7 . & \text { Telephone Expense } \\\text { 2. } & \text { Accounts Receivable } & 8 . & \text { Unearned Revenue } \\\text { 3. } & \text { Cash } & 9 . & \text { Miley Block, Capital } \\\text { 4. } & \text { Consulting Fees Earned } & 10 . & \text { Miley Block, Withdrawals } \\\text { 5. } & \text { Office Supplies } & 11 . & \text { Insurance Expense } \\\text { 6. } & \text { Office Supplies Expense } & 12 . & \text { Prepaid Insurance }\end{array}$

$\begin{array}{lcc}\begin{array}{l}& \text { Debit } & \text { Credit }\\\text { Example: } \\\text { Completed consulting work for a } \\\text { client who will pay at a later date. }& 2 & 4\\\end{array} \\\end{array}$
A. Received cash in advance from a
customer for designing a building
B. Purchased office supplies on credit.
C. Paid for the supplies purchased in B.
D. Received the telephone bill of the
business and immediately paid it.
E. Paid for a 3-year insurance policy

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Definitions:

Bottom-Up Processing

The analysis of the smaller features to build up to a complete perception.

Difference Threshold

The minimal detectable difference between two stimuli required for the subject to notice they are not the same.

Absolute Threshold

The lowest level of stimulation that an individual can detect at least 50% of the time.

Environmental Stimulation

refers to external factors that influence an organism's behavior and development, often improving cognitive functions.