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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 not 1. Thank you!!

Please answer all 4. If you cant please leave it for someone who can. Cheggs policy is 4 question per post not 1. Thank you!! image text in transcribed
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Utility Payable is recorded when the business pays cash for utilities consumed in the current period. o the business receives a utility bill but not pays it yet. the business prepays for the utilities for the future, the business signs up for utility services with the utility company. The following information relates to Premier Care Group. $21,500 Net Service Revenue 15,000 Cost of Goods Sold 1,100 Interest Revenue 4,250 Operating Expenses Calculate the gross profit of Premier Care Group. $7,600 $3,350 O $6,500 $2,250 Which of the following is the correct order of subtotals that appear on a multi-step income statement? Gross profit, Operating income, Net income Net income, Operating income,Net sales revenue Gross profit, Net sales revenue, Net income Operating income, Gross profit, Net income Issuing Common Stock for Cash has which of the following effects on the accounting equation? Increasing assets and increasing liabilities. Decreasing assets and decreasing stockholders' equity. Increasing liabilities and decreasing stockholders' equity. Increasing assets and increasing stockholders' equity

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