23. If using accrual accounting principles, all unpaid vendor invoices would be recorded:* When they are received When paid Quarterly None of the above 24. If using cash accounting principles, invoices would be recorded:* When paid When they are received At the end of every month None of the above 25. Owner profit is distributed monthly. You are asked to keep 3 months of expenses in your cash reserve. The Market Center's average monthly expenses are $20,000. Your cash balance at the end of the month was $50,000. How much should you distribute?* $10,000 Zero $30,000 None of the above 26. A cash flow statement can be best described as:* A financial report showing a company's incoming/outgoing money A detailed profit and loss breakdown A bank reconciliation with multiple bank accounts None of the above 27. Bank statements should be reconciled by someone who does NOT do the:* Deposits Accounts Payable Payroll Accounts Receivable 28. Bank reconciliations should be done:* Annually by the CPA Monthly Quarterly Only when the owner requests one