I need the complete answers of all the requirements.1,2 and 3.

X @ Do Homework - Rojan Heydara X + C mathxl.com/Student/PlayerHomework.aspx?homeworkid=564634771&questionid=2&flushed=false&cld=5998083¢erwin=yes Apps Maps YouTube M Gmail @ Translate Accounting 1010-2 Rojan Heydarali & | 05/29/20 11:02 PM Homework: Assignment 3A Save Score: 0 of 10 pts 2 of 4 (0 complete) HW Score: 0%, 0 of 25 pts P3-40A (similar to) Question Help Healthy Hearts Consultants Inc. had the following selected transactions in August 2017: ( Click the icon to view the transactions . ) Requirements 1. Show how each transaction would be handled using the cash basis and the accrual basis. Assume depreciation expense of $35 for software and $35 for the computer. 2. Compute August income (loss) before tax under each accounting method. 3. Indicate which measure of net income or net loss is preferable. Use the transactions on August 11 and August 24 to explain. Requirement 1. Show how each transaction would be handled using the cash basis and the accrual basis. Assume depreciation expense of $35 for software and $35 for the computer. Under each column, give the amount of revenue or expense for August using the cash basis and the accrual basis. (Enter "0" for any transactions that do not affect revenues or expenses. Use parentheses or a minus sign when entering expenses or losses.) Healloy Hearts Consultants Inc. Amount of Revenue (Expense) for August 2017 Date Cash Basis Accrual Basis August Enter any number in the edit fields and then click Check Answer. Clear All Check Answer 14 parts remaining