Monaco & Associates
Use the Following Five Transactions for Monaco $\quad$

question 8

Multiple Choice

Monaco & Associates
Use the following five transactions for Monaco & Associates to answer the following question.
Oct. 1 $\quad$ Bills are sent to clients for services provided in September in the amount of $\$ 800$ .

9 $\quad$ Dravo Co. delivers office furniture $( \$ 1,060 )$ and office supplies $( \$ 160 )$ to Monaco leaving an invoice for $\$ 1,220$ .

15 $\quad$ Payment is made to Dravo Co. for the furniture and office supplies delivered on October 9 .

23 $\quad$ A bill for $\$ 430$ for electricity for the month of September is received and will be paid on its due date in November.

31 $\quad$ Salaries of $\$ 850$ are paid to employees.
-See the transactions for Monaco & Associates. ?
The journal entry to record the October 9 transaction will include a credit of $1,220 to

• A)Furniture and Supplies.
• B)Cash.
• C)Accounts Payable.
• D)Administrative Expenses.

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Definitions:

Carotid

Pertaining to the major arteries located on each side of the neck that supply blood to the head, neck, and brain.

Anastomosis

A surgical connection between two tubes, vessels, or ducts in the body to allow flow between them.

Claudication

Pain caused by too little blood flow, usually during exercise, typically felt in the legs.

Aneurysm

An abnormal bulge in the wall of a blood vessel, usually an artery, which can lead to the risk of rupture.