See attached

a) 13) D-Car Co, a car dealership, has provided the following information for the month of May: Cash sales totaled $125,000. Credit sales totaled $279,000. Cash collections from customers for services to be provided in June totaled $8,000. A display equipment was sold for $26,000. Gain on sale was $8,300. Interest income for the month was $7,670. How much revenue should be reported for May? Show your work below the answer box. Which of the following transactions related to current liabilities made in the rst quarter of 20x2 will also impact the income statement for the rst quarter of 20X2? (The company prepares income statement and balance sheet at the end of every quarter.) A) Payment to employees in January 20x2 for wages earned in December 20Xl. B) Cash advance received from a customer in March 20X2 for work to be done in April 20X2. C) Interest accrued for the rst quarter of 20X2 on a Note payable. D) None of the above. Your answer (write A, B, C or D): |:| Which of the following transactions and events results in a decrease in both total assets and net income? A) The accrual of wages expense at year-end. B) Collecting cash on an account receivable. C) Recognizing previously recorded deferred revenue as revenue. D) Adjustment of the prepaid rent account for rent used during the period. Your answer (write A, B, C or D): |:|