During 2020, Lloyd Corp. borrowed $10,000 from a bank. How will this transaction affect Lloyd's 2020 financial statements? O increase cash, increase loans payable O decrease cash, decrease loans payable O increase cash, decrease interest expense O decrease cash, decrease interest expense O increase loans payable, increase interest expense During 2020, Blackmon Corp. provided a service to its customer. The customer had paid $5,000 for the service in advance during 2019. How will the service provision affect Blackmon's 2020 financial statements? O increase accounts receivable, decrease inventory O increase cash, decrease inventory O decrease cash, decrease inventory O decrease unearned revenue, increase revenue O increase accounts receivable, increase revenue