20 Folk w are issued 10000 Truwwers inea new company shares ofeommon steek for Mi00 eakh 4 Received eakh ofS 4 000 for services provided Paid S100 of omee surMies aeeount e on customers duringthe me salaries What was total amount of ootebos es following these transactionsm SIS,S00, $12,100 C, $22,600 D, $27,100, 21. The accounting basis that reeords revenues when goods or services are provided to customers and expen with related revenues is referred to asi A. Accrual basis B. Reporting basis. C. Cash-basis D. Matching basis. 22, Deferred revenues refer to after the revenue is recorded. A. Cash being collected from the customer provided B. Customers paying cash in advance of the good or service to be from the customer. C. Revenue being recorded at the same time the cash is collected D. Revenue being recorded prior to cash collection from the customer. 23. The employees of Neat Clothes work Monday through Friday. Every two weeks the company checks totaling $32,000. As of December 31, salaries expense of S22,400 has been incurred h paid to the employees. What adjusting entry will Neat Ciothes make to record the accrued salarie the year? 32,000 A. Salaries Payable Salaries Expense 32.000 B. Salaries Expense 32.000 32000 Salaries Payable C. Salaries Expense 9,600 9600 Salaries Payable D. Salaries Expense 22,400 22,400 Salaries Payable