4 Multiple chioce question

Most businesses earn revenues when they collect accounts receivable. through sales of goods or services to customers. by borrowing money from a bank. by selling shares of stock to shareholders. The amount of insurance expense reported on the income statement is the amount of cash paid for insurance in the current period. the amount of cash paid for insurance in the current period less any unpaid insurance at the end of the period. the amount of insurance used up (incurred) in the current period to help generate revenue. an increase in net income. The following amounts are reported in the ledger of Mariah Company: What is the balance in the contributed capital account? When a company buys equipment for $150,000 and pays for one third in cash and the other two thirds is financed by a note payable, the following are the effects on the equation: cash decreases by $50,000. equipment increases by $100,000. liabilities increase by $150,000. total assets increase by $200,000. All of the above effects occur on the equation