pls help 1-2-3-4

1. Which of the following is property classified as cash? a. Customer's postdated checks on hand. b. Long-term certificates of deposits. c. Savings accounts d. Bond sinking fund cash. 2. The allowance method is preferred to the direct write-off method because the allowance method a Relies on estimates which are always accurate and stable among years. b. Reflects the real facts c. Recognizes the expense of a bad debt in the year in which the account is determined to be uncollectible. d. Recognizes the expense of a bad debt in the same period as the sale. 3. MacQueen Company sold $120,000 of goods and accepted the customer's $120,000 10%, 1-year note in exchange. Assuming 10% approximates the market rate of return, how much interest would be recorded for the year ending December 31 if the sale was made on June 302 I a $0. b. $3,000 C. $6,000 d. $12,000 4. Assume that there is no beginning inventory. If cost of goods sold under FIFO is greater than cost of goods sold under LIFO, what is the general trend of the inventory prices? a Prices are increasing b. Prices are decreasing. c. Price remained unchanged. d. Price trend cannot be determined based on the information above, Ehit