please select the correct answer

QUESTIONG Which of the following are primarily responsible for balancing the interests of investors and executives? O a. The board of directors b. The securities & Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB). The chief executive officer (CEO) and the chief financial officer (CFO) d. The internal and external auditors. QUESTION 7 David Company provides $200,000 of maintenance services during 2019, but has only received $50,000 of cash related to these services. The remaining cash will be collected in 2020. David reported a beginning balance in Accounts Receivable of $50,000 on January 1, 2019 and collected 540,000 of this Accounts Receivable during 2019. What balance will David record as ending Accounts Receivable as of December 31, 20197 O $150,000 Ob $250,000 O $160,000 Od 590,000 QUESTIONS On July 1 of the current year, the company borrowed $200,000 from the local bank on a two year, 5% note payable. How much interest expense needs to be recorded in the current year O $20,000 Ob $10,000 O $200,000 d.$5,000