Can anyone help me with "accounting" problems ? Just the multiple choices questions.

Number Trsete Explain the Sollowing eems, and take one esample of each torm (339 () asst C) sabilit 3) expense Interpret the fsllowing concepts(4*4- 16) (3) conservatism (4) matching 3. True or false (1*10-10) 3 Both must be made by cash, leading to decrease in cash. hi(2) No matter what condition expenses always equal to expenditure. cost of goods sold and expenses belong to expenditure. (4) If one transaction effect the balance of assets, liability and owners equity will be affected simultaneously (5 )Revenue means increase in the enterprise's assets as a result of profit-oriented ," activity- (51 The 6) The income statement reports the financial performance of an entity as at a specific time 1 For accounting purposes the life of an entity is divided into arbitrary , equal time intervals called accounting periods Fal sc (3) The net profit of an entity is always represented by an increase in cash by the same amount. ) The collection of an accounts receivable will cause total assets to increase. Tru r(10) An adjusting entry that records wages eamed but unpaid at the end of the period is an example of an accrual. 4. Multiple choices, only one choice is ready to be chosen (2,*5-10) (1) A transaction caused a $15,000 decrease in both total assets and total liabilities. This transaction could have been: a. purchase of a delivery truck for $15000 cash b. an asset with a cost of $15,000 was destroyed by fire C repayment of a S15,000 bank loan (2) Which of the following is correct about a company's balance sheet? a. it displays sources and uses of cash for the period b) it is an expansion of the basic accounting equation: assets=liabilities+ owner's equity