QUESTION 37 Which of the following would be recorded as a debit (DR)? Decrease to Notes Payable; Increase to Sales Revenue Increase to Bad Debts Expense; Decrease to Unearned Revenue; Increase to Salaries Payable; Increase to Warranty Expense Decrease to Prepaid Rent: Increase to Cost of Goods Sold QUESTION 38 Identify how each of the following items is shown on the statement of cash flows. Identify each as operating (O), investing (l) or financing (F). a. Cash payment for income tax b. Cash receipt from the sale of land c. Cash receipt for interest income d. Cash received from borrowing money a. F; b. l;c: O: d; a. O;b. O; c; l;d;F a. O;b; l; c; l;d; 1 OaO; b. l;c. O; d. F