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please answer asap for both same multiple chocie options What is the effect of the following business activity on the element indicated? A business with

image text in transcribedplease answer asap for both same multiple chocie options
What is the effect of the following business activity on the element indicated? A business with a 30% tax rate makes an accrual: revenues are $118,000 and expenses are $102,000. --- Revenues 1) increase 2) increase to one and decrease to another 3) no effect 4) decrease Question 6 (1 point) Saved What is the effect of the following business activity on the element indicated? Make a $50 payment for interest on a loan that was appropriately accrued at the end of last month. Revenue 1) decrease 2)

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