Cash / Accrual Assignment Given the following information for Roger's Restaurant, fill in the income statement numbers for September 1-30, 2019, first assuming that Roger's uses the cash accounting method and then assuming that Roger's uses the accrual accounting method. Then answer the questions that follow the table. - During September, Roger's generated $90,000 in revenue, of which $10,000 will be received in October - Cost of food sold in September was $38,000, of which $8,000 will be paid in October - Salaries and wages earned by employees during September totaled $20,000, of which $8,000 will be paid in October - On September 1, Roger's paid six months' rent for Sept 1, 2019 through Feb 29, 2020, totaling 60,000 (\$10,000 per month) - September utilities expense incurred was $950, and all of it was paid during September - Maintenance expense incurred during September was $1,200 and all of it was paid during September - On July 1, 2019, Roger's had paid $5,400 for six months of advertising expense (\$900 per month) 1) For September 2019 , which method shows a higher net profit? 2) Which accounting method most accurately shows how much money Roger's has on hand to pay its bills? 3) Which accounting method most accurately shows revenues generated? 4) Which accounting method most accurately shows expenses incurred? 5) Which accounting method most accurately depicts Roger's actual cash inflows and outfiows? 6) Which accounting method most accurately reflects Roger's' true profitability