Answer items 18 on the Seantron form. Match each account or description on the ( ff (I8) with the appropriate classification (ae) on the right. (1 point cach) 1. Unearned subscription revenue 2. Fee paid on a credit card sale 3. Credit card receivables a. Asset b. Liability 4. Interest payable c. Expense 5. Allowance for doubtfial accounts d. Contra-reweroe 6. Sales discounts for early payment of accounts roceivable c. Contri-asset 7. Research and development expenditures 8. Prepaid rent Answer items 9 - 13 on the Scantren form. For each action en the left, indicate the effoct on Net inceme. Analyze each action independently of the ethers. (2 points each) 9. A company sells products to customerns on account a. Increase 10. A company declares dividends on common sock b. Decreale 11. A connpany sells services for cach c. No effeer 12. A company records interest expense that will be paidi in caih later 13. A company makes an adjusting entry for a previously parchased insurance policy. Answer questions 1434 on the Scantron form. Choose one answer per qoction. (2 points each) Using the following information to answer questions 14 and 15 belew. Stupendous Company issued 10,000 shares of $1 par value common stock during its 1P0. The issuance price was $20 per share. Stupendous later repurchased 500 shares at a price of $40 per share. 15. The journal entry to record the repurchase of 500 shares by Srupendous will include: a. A debit to common stock of $500. b. A credit 10 retained earnings of $20,000. c. A credit to additional paid-in capital of $19,500 d. A debit to Treasury stock of $20,000