please ansewr 16 - 20

16. Which of the following activities lead to an increase in Revenue? (A)ABC delivers S500,000 worth of washing machines in December to customers who don't have to pay until February. (B) ABC collects $300,000 cash for washing machines delivered last year. (C) ABC receives an order for a $100,000 merchandise to be delivered next month. (D)ABC BOC issues $20,000 common stock. 17. Which of the following activities lead to an increase in Expense? (A)ABC Automotive buys engines worth $1,000,000 for cash. (B) ABC Automotive uses the engines to make cars at a total cost of $2,000,000 (C) ABC Automotive pays $1,000,000 in cash dividends (D) ABC Automotive sells cars costing $8,000,000. 18. Which of the following journal entries will record the payment of a $675 accounts payable originally incurred for Office Supplies? A) Debit Office Supplies; credit Cash B) Debit Office Supplies; credit Accounts Payable C) Debit Cash; credit Accounts Payable D) Debit Accounts Payable; credit Cash 19. Which statement is true of the statement of stockholders' equity? A) It reports a company's assets, liabilities, and equities. B) It reports a company's revenue and expenses for a period. C) It is prepared using the unadjusted trial balance in order to facilitate the closing process. D) It shows a company's stock issuances and dividends paid to shareholders. 20. Which one of the following will never appear on a post-closing trial balance? A) Unearned revenue B) Retained earnings C) Rent expense D) Common stock