Based on the generally accepted accounting principles (GAAP) in the U.S., which of the following is mostly likely to be violated if the cash-basis accounting is used when services are performed in an accounting period but cash is received in another accounting period? A Expense recognition principle B Revenue recognition principle c Periodicity assumption Going concern assumption At December 31, 2022, Vaughn, Inc. has a $99,216 notes payable to report in its balance sheet. Assume that $84,800 of this notes payable will be paid in 2023, how should Windsor report this notes payable in the liabilities section of its classified balance sheet dated December 31, 2022? $99,216 in current liabilities and $0 in long-term liabilities. $84,800 in current liabilities and $14,416 in long-term liabilities. $14,416 in current liabilities and $84,800 in long-term liabilities. $0 in current liabilities and $99,216 in long-term liabilities. Terry Company made the following two journal entries for its cash transactions during the month of March, 2022: Mar. 13 Cash 4,280 Service Revenue Mar. 30 Salaries and Wages Expense 870 - Cash 870 If the Cash account has a beginning balance of $3,420 at March 1, 2022, the ending balance in the Cash account on March 31, 2022 after posting should be: 4,280 A. $6,830 debit. B. $10 credit c. $3,410 debit. D. $8,570 debit