Ajournal in the books of accounts of a company showed that stationery worth $1,500 was purchased by the company in an accounting period. jamie has to post this journal entry into the ledger account. how will he make this posting?

a. debit the cash account and credit the stationery account
b. debit the stationery account and credit the cash account
c. debit the stationery account and credit the company’s account
d. debit the company’s account and credit the cash account

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.