can you please answer 1-4

Which of the following require a portion of the equipment's cost to be reported on the income statement each accounting period the equipment is used? Revenue Recognition Principle Expense Recognition Principle Materiality Economic Entity Assumption Historical Cost Principle QUESTION 2 QUESTION 3 Net income will be too low. Net income will be too high. Net income will not be affected by this error. QUESTION 4 title or "No Effect" for each column. - Assets - Liabilities - Shareholders' Equity A. 500 Wages Payable B. 500 Wages Expense c. 500 Cash D. 0 No Effect E. (500) Wages Expense F. (500) Wages Payable G. (500) Cash