please anser a,b,c or d

75)How many of the following events would require an expense to be recorded? Ordering office supplies Hiring a receptionist Paying employees' salaries for the current month Receiving but not paying a current utility bill Paying for insurance in advance A)Three. B)One. C)Two. D)Four.

69)A company receives a $50,000 cash deposit from a customer on October 15 but will not provide services until November 20. Which of the following statements is true? A)The company records service revenue on October 15. B)The company records cash collection on November 20. C)The company records nothing on October 15. D)The company records deferred revenue on October 15.

83)Following are transactions of ABC., a new company, during the month of January: 1. Issued 10,000 shares of common stock for $15,000 cash. 2. Purchased land for $12,000, signing a note payable for the full amount. 3. Purchased office equipment for $1,200 cash. 4. Received cash of $14,000 for services provided to customers during the month. 5. Purchased $300 of office supplies on account. 6. Paid employees $10,000 for their first month's salaries. How many of these transactions decreased ABC's total assets? A)Three. B)One. C)Two. D)Four.

164)The Income Statement is a: A)Video B)Snapshot

160)For a journal entry with only two lines, the following entry is valid: Increase in one revenue, Decrease in another revenue. A) False B) True

158)The Statement of Cash Flows is a: A)Snapshot B)Video

168)ABC sold $500 in widgets to a customer on account on January 1. On January 11 ABC collected the cash from that customer. What is the impact on ABC's accounting equation from the collection of cash? A)Decrease assets and increase liabilities. B)Decrease assets and decrease liabilities. C)No net effect to the accounting equation. D)Increase assets and increase liabilities.

171)The second step in the Operating Cycle is called? A)Purchase B)Collection C)Manufacture D)Sale

172)In the lecture, when there is a Purchase or Manufacture in the operating cycle, what happens to cash? A)It depends B)Increases C)Decreases D)Stays the Same

185)Which of the following is not a balance sheet item? A)Revenues. B)Assets. C)Retained earnings. D)Common stock.

216)DW has an ending Retained Earnings balance of $51,100. If during the year DW paid dividends of $4,300 and had net income of $22,500, then what was the beginning Retained Earnings balance? A)$32,900. B)$69,300. C)$24,300. D)$300.

219)For a journal entry with only two lines, the following entry is valid: Increase in one Expense, Increase in another Expense. A) False B) True

235)Receiving cash from customers before services are performed results in: A)Prepaid Assets. B)Service Revenue. C)Accounts Receivable. D)Deferred Revenues.

250)Choose one: A)The Statement of Cash Flows always balances B)The Statement of Cash Flows never balances C)It is possible for Balance in Cash on the Statement of Cash Flows to be zero