QUESTION 28 + + + + Jantzen Company recorded employee salaries eamed but not yet paid. Which of the following represents the effect of this trans Balance Sheet Income Statement Statement of Cash Flows Assets = Liabilities Equity Revenue - Expense = Net Income A + OA B. -IA C. D. Option D O Option Option B Option A Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 37 The following pre-closing accounts and balances were drawn from the records of Carolina Company Cash $ 4,000 Accounts receivable $3,400 Dividends 2,000 Common stock 3,900 Land 3,200 Revenue 3,200 Accounts payable 1,800 Expense 2,200 What is net income that will be shown on Carolina's Year 1 income statement? $200 $3,200 $2,200 $1,000 Click Save and Submit to save and submit. Click Save ALL Answers to save all answers QUESTION 38 How will accounts receivable appear on the following financial statements? O Expense on the income statement Revenue on the income statement Asset on the balance sheet O Liability on the balance sheet Click Save and Submit to save and submit. Click Save All Answers to save all answe