14. All of the following accounts would be increased with a Debit, except: A. Notes Payable. B. Cash. C. Accounts Receivable. D. Office Supplies Expense. 15.Modero Co. had the following revenue, and expenses in 2013: Revenue and Expenses Sales Revenue Rent Expense Salaries Expense 242,000 82,000 124,000 The closing entry Modero would make on December 31st would be A. Sales Revenue 242,000 82,000 Rent Expense 200,000 Income Summary Salaries Expense B. Rent Expense 82000 124,000 Salaries Expense Income Summary 124,000 36,000 242,000 Sales Revenue 242,000 C. Sales Revenue Income Summary Rent Expense 36,000 82,000 124,000 Salaries Expense D. Rent Expense 82,000 160,000 Income Summary Sales Revenue 242,000 16. The main purpose of adjusting entries is to: A. Adjust the equity accounts for distributions of dividends to owners during the year. B. Recognize liabilities repaid during the year. C. Recognize cash received during the year, but not yet recorded. D. Record revenues and expenses incurred during the year, making adjustments to the corresponding asset and liability accounts