X anvas XC6 Question 1 Raptas Company recognized the payment of employee salaries as a debit to Salary Expense and a credit to Retained Earnings. As a result of this error: Cash is understated and Retained Earnings is overstated. Both Cash and Retained Earnings are overstated. Cash is overstated and Retained Earnings is understated. Both Cash and Retained Earnings are understated. Question 2 An example of an operating cash flow activity includes: Paying interest expense on a bond payable. Receiving cash for the issuance of common stock N Purchasing equipment with cash