Check all that apply!

Knowledge Check 01 Assume a cash sale of $10,000 during a company's first month of operations and the related sales tax collected from the customer in the amount of $1,000 has not yet been remitted to the state. How will this transaction affect the company's financial statements prepared on the last day of that month? (Select all that apply.) Check All That Apply Deferred revenue of $1,000 will be reported as a liability on the belance sheet Current Wabilities in the amount of $1,000 will be reported on the balance sheet Sales revenue of $9,000 will be reported on the income statement Prex of 13 Next MacBook Air Check All That Apply #6 Deferred revenue of $1,000 will be reported as a liability on the balance sheet. Current liabilities in the amount of $1,000 will be reported on the balance sheet. Sales revenue of $9,000 will be reported on the income stetement. Sales revenue of $10,000 will be reported on the income statement Sales revenue of $11,000 will be reported on the income statement MacBook Air