-34. In-(CASH:/-ACCRUAL] accounting, the cost of using a long-term asset (such as a food truck) that will be used in a business for several years is spread over the asset's useful life. Its annual allocated cost appears on the [INCOME STATEMENT / BALANCE SHEET / CASH FLOW STATEMENT L-as ain) expense. [3] a. receivable b.inventory c. depreciation d. fixed '35. In September, Sonny's Shoe Store ordered men's boots from a supplier. The boots were delivered-in: October, paid for in November, and sold in December. If Sonny uses accrual-based accounting, in which month should he report the boots under Cost of goods sold?. [1] a. September b. October c. November d. December As-Vanessa's-food-truck.business-grows, she wants to hire-twoassistants to help with food. preparation operations and help with marketing her business. -32. There are four main financial accounting reports. Identify the main information each-report includes and what one can learn from it. [8]" [your answer here] .33.>If Vinnie has assets of $200,000-and-liabilities of $35,000. How much is her owner's equity? [2]4 [your answer here]