Which of the following accounts would be decreased with a debit? Sales Revenue, Salaries expense, Accounts receivable Accumulated Depreciation Equipment Common Stock Retained Earnings, Service Revenue, Salaries Payable Dividends, Accounts Receivable, Salaries Expense Question 2 3 pts James is reading a financial statement that includes Service Revenue, Salaries Expense, and Utilities Expense. Which financial statement is James reading? The balance sheet The income statement All of the financial statements would include these accounts The statement of stockholders' equity Question 3 3 pts When a customer is billed for services provided by the Company, what is the effect on the financial statements for the Company when the Company records the journal entry? Liabilities and stockholders' equity both increase Assets and liabilities both decrease Assets increase and liabilities decrease Assets and stockholders' equity both increase D Question 4 3 What type of account reduces the net value of an Asset reported on the balance sheet? Deferred Revenue Expense Liability Contra Asset Question 5 3 pt: From the following list of financial statement items, use the appropriate amounts to calculate net income: Revenues, $91,000; Liabilities, $14,000, Expenses $37,000; Assets, $104,000; Dividends, $18,000. $36,000 $22.000 $200.000 $54,000