please answer it all

16. When a sampany writes off a customer's accumt receivable, the jourmal entry: a. Resognines bad debt experse equal w the write -oif ampuent. b. Reduces the allowance for dowbtful accounts by the amwust of the w7iteroff. c. Reduees eash by the ameruat of the write-ofi d. Increases a conira-erevenue by the amount of the write-off. 17. A company perchases a machine with an estamated useful tife of 10 years, Six years aiter the purchase, the eompany revises the totid cutimated useful tife to 12 years. As a resolt: a. The company must restate firancial results for the first 6 years to show hower anmual depreciatioe expensor. b. The comapany's anmual deprocianion expense for the remaining years wibl decrease but the total depectiasion expense over the life of the machine will not eharge, c. The cornpary's annual depreciation expense for the remaining yerrs whil decrease and so will the total dejecciation expense over the life of the machine. d. No adjustment is necessary. The company witl stmpiy recognine a different amount of gain or loss when it eventually sells the machine. 18. A company sells $600,000 of accotants receivable to a finctor for cash. The factor retnins a 386 service charge. The joumal entry for this transaction will result in: a. An increase of $18,000 to the company's operating expenses. b. A decrease of $582,000 to the company's accounts receivabie. c. An increase of $600,000 to the company's cash. d. A decrease of $18,000 to the company's allowance for doubtfut accounts- 19. On Dec, 2, 2020 a company declares a cash dividend to be paid on Jan. 15, 2021. The Dec, 2 journal entry will: a. Decrease assets. b. Increase liabilities. c. Both a and b. d. Neither a nor b. 20. All of the following are normally found in the owners' equity section of a balance sheet except: a. Common stock. b. Additional paid-in capital. c. Net income. d. Retained earnings. 21. A transaction that increases a liability account may also: a. Increase an asset account. b. Increase owners' equity. c. Decrease an asset account. d. Increase a different liability account