D Question 9 D Which of the following situations will result in an expense being recognized in December? 1 pts Company A pays $50,000 in cash dividends to its shareholders in December. O Company B uses newly acquired engines to construct jets at a total cost of $9,000,000 in December. O None of these. O Company C pays its legal counsel $60,000 in advance for services to be rendered beginning in January of next year and ending in March of that year. Question 10 The beginning part of the accounting cycle most likely involves O adjusting entries O closing entries journalizing and posting entries to T-Accounts O preparation of the financial statements 1 pts