Question 3 West Company paid cash to purchased land. With respect to this event, indicate whether the following statement is true or false. The investing activities section of the statement of cash flows would show a cash outflow. Question 4 2.5 pts XYZ incurred accrued rent expense. With respect to this event, indicate whether the following statementis true or false. Total assets would decrease.

West Company paid cash to purchased land. With respect to this event, indicate whether the following statement is true or false. The investing activities section of the statement of cash flows would show a cash outflow. True False Question 4 2.5 pts XYZ incurred accrued rent expense. With respect to this event, indicate whether the following statement is true or false. Total assets would decrease