34) Consider the following transactions: Issued common stock for cash. Purchased equipment by signing a note payable. Paid rent for the current month. Collected cash from customers on account. How many of these four transactions increased the given company's total assets? A) Four. B) One. C) Three. D) Two. 35) Usually we measure Accounts Receivable at A) Benefit Value B) Sacrifice Value C) SO 36) For a journal entry with only two lines, the following entry is valid: Increase in a liability, Decrease in an Expense. A) True B) False 37) An example of an adjusting entry would not include: A) Recording unpaid salaries. B) Recording the expiration of prepaid insurance. C) Paying salaries to company employees. D) Recording the use of office supplies