3 - Lec 1_15Sept2020 o Time Left:0:09:03 Jalynn Maze: Attempt 1 Question 9 (2 points) Saved Bessie gets an advance payment of $500 on Dec 05, 2019 to deliver veggies on Jan 05, 2020 to Schnucks. All expenses paid in 2019 = $600. Total veggies delivered on Jan 05, 2020 = $1,000. Remaining cash for sales received at the time of delivery. [Assume that Bessie follows a calendar year as her fiscal year, i.e., Jan-Dec). Also assume no other transactions. Under accrual-basis, Net Farm Income in 2020 = 400 A Question 10 (1 point) Saved is called the master set of account that has all the transactions of a farm business. Journal Journal entry Time Left:0:08:52 Jalynn Maze: Attempt 1 400 A/ Question 10 (1 point) Saved is called the master set of account that has all the transactions of a farm business. Journal Journal entry Accounting folder Ledger Chart of accounts a Time Left:0:08:43 Jalynn Maze: Attempt 1 Question 11 (1 point) Saved The listing of accounts that appear in financial statements is called Journal Journal entry Accounting book Ledger Chart of accounts