Question 20 3.5 pts In Vulcan Community Hospital, Some patients discharged who used $35,000 of inventory and whose insurance company was billed $350,000. Which is the correct recording regarding the financial event? THERE COULD BE MORE THAN ONE CORRECT ANSWER! PLEASE SELECT ALL CORRECT OPTIONS! Debit $35,000 on Inventory Expense Credit $375,000 on Accounts Receivable Debit $35,000 on Inventory Debit $350,000 on Cash Credit $350,000 on Patient Service Revenue Question 16 3.5 pts At the year end, The Vulcan Community Hospital paid $ 400,000 in cash for the annual mortgage payment. The principle-interest ratio was 1/3 for that year. Which is the correct recording regarding the financial event? THERE COULD BE MORE THAN ONE CORRECT ANSWER! PLEASE SELECT ALL CORRECT OPTIONS! Credit $100,000 on Mortgage Payable Debit $100,000 on Mortgage Payable Credit $300,000 on Interest Expense Debit $300,000 on Interest Expense Question 17 3.5 pts In Vulcan Community Hospital, Wages due to employees that had been previously recorded as a liability are now paid in cash in the amount of $420,000. 30% of employees' wage is recognized as an expense. Which is correct recording regarding the financial event?THERE COULD BE MORE THAN ONE CORRECT ANSWER! PLEASE SELECT ALL CORRECT OPTIONS! Debit $126,000 on Salaries Expense Credit $294,000 on Wages Payable Debit $294,000 on Wages Payable Credit $126,000 on Salaries Expense Credit $420,000 on Accounts Payable