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can someone tell me which two with explanation? A company has the following transactions: 1. Pay employees' salaries for the current period. 2. Pay rent

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can someone tell me which two with explanation?

A company has the following transactions: 1. Pay employees' salaries for the current period. 2. Pay rent in advance. 3. Pay dividends to stockholders in the current period. 4. Receive (but do not pay) a utility bill. 5. Use supplies previously purchased. How many of these transactions result in an expense being reported in the current period using cash-basis accounting? Multiple Choice 1. 2

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