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answer the 4 questions please 1. 2. 3. 4. How do we date our financial statements? Income Statement and Statement of Retained Earnings: Period of
answer the 4 questions please1. 2. 3. 4. How do we date our financial statements? Income Statement and Statement of Retained Earnings: Period of time; Balance Sheet: Specific date. Income Statement Specific period of time; Statement of Retained Earnings and Balance Sheet: Specific date O Income Statement and Statement of Retained Earnings: Specific date: Balance Sheet: Period of time Income Statement Specific date; Statement of Retained Earnings and Balance Sheet Period of time. Harvey Company received six months of rent in advance. This transaction will O Decrease Prepaid Rent, decrease Cash Increase Prepaid Rent, decrease Cash O Increase Unearned Revenue and increase Cash O Increase Unearned Revenue and decrease Cash 3 pts Cortez company purchased a $200,000 buildings by paying $50,000 in cash and issuing a note for the balance. This transaction will Increase the Building account for $200,000, decrease Cash by 550.000 and decrease Notes Payable for $150,000 Increase the Building account for $50,000 and decrease Cash for 350,000 Increase the building account for $200,000, decrease Cash by $50,000 and increase Notes Recewable for $150.000 Increase the Building account for $200,000, decrease Cash by $50,000 and increase Notes Payable for $150.000 On June 1, 2021, Alan Harper buys a copier machine for his business and finances this purchase with cash and a note. When journalizing this transaction, he will make a simple entry o use two journal entries list the credit entries first, which is proper form for this type of transaction o make a compound entry
answer the 4 questions please
1. 2.
3.
4.
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