Miley Block Is a Building Consultant

question 236

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.
1. Accourits Payable
2. Accounts Receivable
3. Cash
4. Consulting Fees Earned
5. Office Supplies
6. Office Supplies Expense
7. Telephone Expense
8. Unearned Revenue
9. Common Stock
10. Dividends
11. Insurance Expense
12. Prepaid Insurance
$\begin{array}{|l|l|l|l|} \hline & & \text { Debit } & \text { Credit } \\\hline& \text { Example: } & 2 & 4 \\ \hline & \begin{array}{l}\text { Completed consulting work for a client } \\\text { who will pay at a later date. }\end{array} & & \\\hline \text { A. } & \begin{array}{l}\text { Received cash in advance from a } \\\text { customer for designing a building }\end{array} & & \\\hline \text { B. } & \text { Purchased office supplies on credit. } & & \\\hline \text { C. } & \text { Paid for the supplies purchased in B. } & & \\\hline & \text { Received the telephone bill of the } & & \\\text { D. } & \text { business and immediately paid it. } & & \\\hline \text { E. } & \text { Paid for a 3-year insurance policy } & &\\\hline\end{array}$

---

Definitions:

Environmental Issues

Concerns related to the impact of human activity on the natural environment, including pollution, climate change, and biodiversity loss.

Functional Area

Specific departments within a business, such as marketing, finance, or human resources, each focusing on particular aspects of the company’s operations.

Sustainable Fishing

Fishing practices that maintain fish populations at a healthy level without jeopardizing the ecosystem's conditions or the ability of future generations to meet their needs.

Green Market

A group of sustainability-oriented customers and the businesses that serve them.