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4.2 Please answer all screenshots. Multiple Choice Are economic activities of a business enterprise which affect any of the basic accounting elements. Business transactions Accounting

4.2 Please answer all screenshots.

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Multiple Choice Are economic activities of a business enterprise which affect any of the basic accounting elements. Business transactions Accounting events Special events True or False Poor AIS poses greater risk to a business True O False Multiple Choice -Loise Franc invested P5,000 cash in his new fishball business. -The business paid the first month's rent with P500 cash. -The business purchased equipment by paying P2,000 cash and executing a note payable for P500. -The business purchased supplies for P200 cash. -The business billed clients for a total of P1,000 for food delivery services rendered. - The business received P750 cash from clients for services rendered above. -The owner took a withdrawal of P2,000. What is the amount of the trial balance from the above transactions? P6,000 O P1,000 O P6,500

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