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Juan's business used $200 of electricity during December 20x1. He will pay the bill in January of 202. If Juan's business has a December 31

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Juan's business used $200 of electricity during December 20x1. He will pay the bill in January of 202. If Juan's business has a December 31 year end. when would his business report electricity expense? 202 Bothyean Neither year 201 Question 4 1pts that Julia's business has a December 31 year end. In what year does she report rent expense? 202 201 Bothyears Neitheryear Question 5 1 pts 5elect which one of the following responses displays elements of the accounting cycle in the correct order. Recond transacticns in the journat, prepare. financial statements, post journel eneriec. firuncial statrements. aqustine entries

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