Question 31 Not yet T-Dog Company's Cash account has a credit balance (i.e, negative cash). It should report this on the balance sheet as: answered Points out of 1.00 Flag question Select one: O a negative amount in the current liabilities section O a zero balance in the current liabilities section with a note explaining the zero balance O nothing - it should not be reported on the balance sheet a positive amount in the current liabilities section O a negative amount in the current assets section O a zero balance in the current assets section with a note explaining the zero balance Question 32 Not yet answered XYZ Company, which uses a perpetual inventory system, purchased $2,000 of merchandise on July 5 on account. Credit terms were 3/10, n/30. It returned $500 of the merchandise on July 9. By how much will Cash decrease when XYZ Company pays its bill on July 14? Points out of 1.00 Flag