6 1 pts An expense paid during a specific reporting period relates to a future period. The matching concept requires the entity to consider the expense in the period in which the expense occurred. What would be the correct entries to record the expense? O Debit Prepaid expenses, Credit Expense. O Debit Expense, Credit Bank O Debit Expense, Credit Prepaid expenses O Debit Bank, Credit Expense D Question 7 1 pts Considering accumulated depreciation, bank charges, salaries and wages and sales, which general ledger account balances do not appear in the statement of profit of loss and other comprehensive income? O Bank charges O Sales O Salaries and wages O Accumulated depreciation D Question 8 1 pts Considering depreciation, creditors control, debtors control and the bank account, which general ledger account balance(s) do the statement of financial position not include? O Bank O Debtors Control O Creditors control O Depreciation Question 9 Describe the formula used to calculate the cost of sales. O Opening inventory + net purchases - closing inventory O Closing inventory + purchases + sales returns - opening inventory O Opening inventory + purchases + sales returns - closing inventory O Closing inventory + net purchases opening inventory