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Question 23 (1.5 points) Under the cash basis of accounting, an expense occurring in 2019 that will be paid ir 2020 would Be reported on

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Question 23 (1.5 points) Under the cash basis of accounting, an expense occurring in 2019 that will be paid ir 2020 would Be reported on the 2019 Balance Sheet. Be reported on the 2021 Balance Sheet. Be reported on the 2019 Income Statement. Be reported on the 2020 Income Statement. Question 24 (1.5 points) On March 1st the Matisse Co., an accounting business, prepared a tax return for Sue Wideman and sent her an invoice for $1,000. Assume the cash basis of accounting. the journal entry prepared by the Matisse Co. on March 1st would include a: Debit to Service Revenue and a credit to Accounts Receivable. Debit to Accounts Receivable and a credit to Service Revenue. Debit to Accounts Receivable and a credit to Unearned Revenue. O Debit to Accounts Payable and a credit to Service Revenue. None of the above

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