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Please answer all 4. If you cant please leave it for someone who can. Cheggs policy is 4 question per post. if you dont mind

Please answer all 4. If you cant please leave it for someone who can. Cheggs policy is 4 question per post. if you dont mind answering the extra 5th i would be OH SO GRATEFUL! Thank you!! image text in transcribed
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Company Yhad 30 employees working for it in April. Company Yowed employees $100,000 salaries at the end of April and will pay on Ma 2. The entry to be recorded on April 30 is: Debit Salaries Expense and credit Sparies Payable Debit Salaries Payable and credit Cash Debit Cash and credit Salaries Payable Debit Salaries Payable and credit Salaries Expense Next To recover uncollectible accounts previously written off, the company should: Debit Accounts Receivable; credit Allowance for Doubtful Accounts Debit Cash; credit Bad Debt Expense Debit Allowance for Doubtful Accounts; credit Bad Debt Expense Debit Allowance for Doubtful Accounts, credit Accounts Receivable What effect does an actual write-off for an uncollectible account have on the financial statements? It results in a decrease in net income. It has no net effect on the accounting equation It results in an increase in penses. It results in a decrease in total assets. Summer Co. purchased an asset that costs $12,000 on January 1, 2019. The asset has an expected life of 5 years a $2,000. Using the straight-line depreciation approach, what is the depreciation expense of the asset on December $10,000 $4,000 $2,000 $2.400 On September 1, 2019, Whitney Corp. received $24,000 cash for services to be performed in the next 12 months, startin 2019. On December 31, 2019, which of the following adjusting entries should Whitney Corp. record? Debit Unearned Revenue, $16,000; credit Service Revenue, $16,000. Debit Service Revenue $8,000; credit Unearned Revenue, $8,000. Debit Unearned Revenue, $8,000; credit Service Revenue, $8,000. Debit Cash, $24,000; credit Service Revenue, $24,000

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