please select the correct answer

QUESTION 3 The accounting function at a business is responsible for all the following except a. Booking journal entries O b. Preparing financial statements Preparing five-year financial forecasts O d. Analyzing transactions . QUESTION 4 Petey Corporation had the following items on its balance sheet at December 31, 2019: accounts payable = $40,000; accumulated depreciation = $400,000; allowance for doubtful accounts = $10,000; equipment = $900,000; notes payable due March 1, 2020 = $100,000; notes payable due December 31, 2023 = $400,000; salaries payable = $60,000; unearned revenue = $120,000. What is the amount of current liabilities as of December 31, 2019? a. $730,000 . b. $320,000 . $720,000 O d. $200,000