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Question 22 3 pts On May 1st 2020, OIC, received $36,000 for May & June rent ?n addition to an $18,000 security deposit from a
Question 22 3 pts On May 1st 2020, OIC, received $36,000 for May & June rent ?n addition to an $18,000 security deposit from a new tenant. How will Owl's financial statements change based on the entry they should make on May 1st, 2020? O Assets: Increase/Liabilities: Decrease / SE: Increase / Ni: Increase Assets Increase /Lbilities: Increase / SE: Increase/Nit: Increase O Assets: Decrease/Liabilities: Decrease/SE: No Effect/Ni: No Effect Assets: Increase / Llabilities: Increase / SE: No Effect / NI: No Effect Question 23 3
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