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Can someone please help with these questions???

I need help with these ASAP.

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QUESti'm" Nicholas Enterprises paid an accounts payable in full. The effect of this Not yet saved transaction on the basic accounting equation is: Marked out of 1-00 O a. Increase in assets and decrease in equity. l7 Flag 0 b. Decrease in asset and increase in liabilities. question 0 c. Increase in liabilities and decrease in equity. 0 d. Decrease in assets and decrease in liabilities. Question 2 Paid salaries of $6000 for the current month. The journal entry to record Not yet saved the transaction is: Marked out of 1.00 O a. debit, salary expense $6000 and credit, cash $6000. \\V Flag 0 b. debit, cash $6000 and credit, salary expense $6000. question 0 c. debit, salary payable $6000 and credit, salary expense $6000. 0 d. debit, salary expense $6000 and credit, salary payable $6000. Question 3 The following represents the T account for Salary Expense for the month of Not yet saved June 2020 Marked out of Salary Expense 1.00 1/6 Cash Flag $3,200 question 15/6 Cash $4,500 30/6 Salary Payable $4,500 The balance of salary expense to be included on the adjusted trial balance as at 30 June 2020 is; O a. $7,700 Debit O b. $4,500 Credit O c. $4,500 Debit O d. $12,200 DebitQuestion 5 Not yet saved Marked out of 1.00 \\V Flag question Reese Ltd purchased office supplies costing $4,000 and debited Office supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $1,600 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: 0 a. Debit Office supplies expense, $1,600; Credit Office supplies, $1,600. 0 b. Debit Office supplies expense, $2,400; Credit Office supplies, $2,400. 0 c. Debit Office supplies, $1,600; Credit Office supplies expense, $1,600. 0 d. Debit Office supplies, $2,400; Credit Office supplies expense, $2,400. Guam\" 6 At 30 June 2018, before any year-end adjustments, David Company's Rent Not yet saved expense account had a balance of $5,000 and its Prepaid rent account had Marked out of a balance of $10000. It was determined that $2,500 of the Prepaid rent 1-00 had expired. The adjusted balance for Rent expense for the year would be: 17 Flag question 0 a. $2,500. 0 b. $5,000. 0 c. $10,000. 0 d. $7,500. Quesmn 7 The Harris Company Ltd purchased a computer for $3,000 on 1 December. Not yet saved It is estimated that annual depreciation on the computer will be $600. If Marked out of financial statements are to be prepared on 31 December, the company 1-00 should make the following adjusting entry: P Flag question 0 a. Debit Office equipment $2,400; Credit Accumulated depreciation, $2,400. 0 b. Debit Office equipment, $3,000; Credit Accumulated depreciation, $3,000. 0 0. Debit Depreciation expense, $600; Credit Accumulated depreciation, $600. 0 d. Debit Depreciation expense, $50; Credit Accumulated depreciation, $50. Quesmn 8 Using accrual-based accounting, expenses are recorded and reported Not yet saved only: Marked out of 1-00 O a. When they are incurred, whether or not cash is paid. t7 Flag 0 b. If they are paid after they are incurred. question 0 c. When they are incurred and paid at the same time. 0 d. If they are paid before they are incurred. QUEStiO" 9 The closing capital account balance of a business as of 30 June is Not yet saved $145000. The opening capital account balance on 1 June was $120000. Marked out of The drawings balance closed off to the capital account was $8000. What 1.00 was the profit or loss summary balance (profit for the period) closed off to l7 Flag the capital account? question 0 a. $25000. O b. $8000. 0 c. $33000. 0 d. $17000. QUEStiOH 10 After preparing and posting the closing entries for revenues and expenses, Not yet saved the profit or loss summary account of Max Ltd. has a debit balance of Marked out of $51,000. The entry to close the profit or loss summary account will be: 1.00 P Flag 0 a. Debit Profit or loss summary $51,000; credit Retained Earnings question $51,000. 0 b. Debit Retained Earnings $51,000; credit Profit or loss summary $51,000. 0 c. Debit Profit or loss summary $51,000; credit Dividends $51,000. 0 d. Debit Dividends $51,000; credit Profit or loss summary $51,000. Question 11 Not yet saved Marked out of 20.00 l'f' Flag question The ledger of Sam Consultants on 30 June 2021 includes the following selected accounts before adjusting entries have been prepared: - Prepaid insurance Office supplies Bank loan Revenue received in advance Service revenue Wages expense An analysis of the accounts shows the following adjustments that need to be made: a) The equipment bought on 1 June 2021 depreciates over 4 years. b) $23000 worth of services were performed during June in relation to $62780 of revenue received in advance. 0) Interest of $1350 is accrued on the bank loan. d) Office supplies on hand as at 30 June 2021 total $7900. e) The 12-months insurance policy was purchased on 1 June 2021. Required Select the correct entries from the drop-down list to prepare the adjusting entries at 30 June 2021. The debit and credit amounts must be typed in the space provided. DO NOT type the dollar sign_(). DO NOT use full stomg: 2.000) when typi_ng the amounts. NO decimals. Narrations are NOT required. (Total 20 Marks) a) The adjusting entry for recording transaction (a) on 30 June 2021 is: Debit $ a) The adjusting entry for recording transaction (a) on 30 June 2021 is: Debit 3 $ b) The adjusting entry for recording transaction (b) on 30 June 2021 is: Debit : $ Credit $ 0) The adjusting entry for recording transaction (c) on 30 June 2021 is: Debit 35 Credit 3 $ d) The adjusting entry for recording transaction (d) on 30 June 2021 is: Debit 35 Credit $ e) The adjusting entry for recording transaction (9) on 30 June 2021 is: Debit $ Credit 0 ea Equipment Interest payable . $ SerVIce revenue '\"tereSt \"Dense n (b) on 30 June 2021 is: Office supplies expense Bank loan $ Office Office supplies '_ Depreciation expense $ Insurance expense Prepaid insurance (c) on 30 June 2021 is: Wages expense . Revenue received in advance '$ Accumulated depreciation equipment Credit $ d) The adjusting entry for recording transaction (d) on 30 June 2021 is: Debit c $ Credit : $ e) The adjusting entry for recording transaction (e) on 30 June 2021 is: Debit $ Credit 0 {- Question 4 If an entity fails to adjust a Prepaid rent account for rent that has expired, Not yet saved what effect will this have on that month's financial statements? Marked out of 1.00 O a. Assets will be overstated and profit and equity will be understated. Flag O b. Assets will be overstated and profit and equity will be overstated. question O c. Failure to make an adjustment does not affect the financial statements. O d. Expenses will be overstated and profit and equity will be understated