GB 518 RANK Career Path Begins/gb518rank.com GB 518 RANK Career Path Begins/gb518rank.com | Page 26

straight-line method, how much depreciation expense should the
company recognize on December 31, 2010?
$1,000
$1,333
$1,533
$4,000
$4,600

Question 13. Question :
customer would result in:

A credit sale of $2,500 to a

A debit to the Accounts Receivable
account in the general ledger and a debit to the customer's
account in the accounts receivable ledger
A credit to the Accounts Receivable
account in the general ledger and a credit to the customer's
account in the accounts receivable ledger
A debit to the Accounts Receivable
account in the general ledger and a credit to the customer's
account in the accounts receivable ledger
A credit to the Accounts Receivable
account in the general ledger and a debit to the customer's
account in the accounts receivable ledger