hw help will upvote if u can ans all questions thank you

QUESTION 25 Under the accrual basis of accounting: cash must be received before revenue is recognized events that change a company's financial statements are recognized in the period they occur rather than in the period in which cash is paid or received the ledger accounts must be adjusted to reflect a cash basis of accounting before financial statements are prepared under generally accepted accounting principles net income is calculated by matching cash outflows against cash inflows QUESTION 26 Which of the following stores is more likely to use specific identification method for their inventories? Walmart Cartier Jewelry Store Ann Taylor clothing store Best Buy QUESTION 27 A company sells magazines and collects subscription foes prior to the publication and distribution of the magazine. Which of the following correctly describes the impact on the financial statements when cash is received in advance from customers? Liabilities increase and net income is not affected Current assets increase and net income increases Liabilities aren't affected and stockholders' equity isn't affected Current assets increase and stockholders' equity increases QUESTION 28 Ace Company is a retailer operating in an industry that experiences inflation (rising prices). Ace wa inventory costing method should Ace consider using? to maintain a high current ratio. Which FIFO Average No inventory costing method directly affects the current ratio LIFO QUESTION 29 Which inventory method would probably be the most time consuming? LIFO FIFO Average cost Specific identification QUESTION 30 The direct write-off method of accounting for uncollectible accounts emphasizes balance sheet relationships is not generally accepted as a basis for estimating bad debts emphasizes cash realizable value emphasizes the matching of expenses with revenues