CAN YOU PLEASE HELP ME SOLVE THIS

Indicate whether each of the following statements is true or false. a) Loaning cash to another company is considered a financing activity on the statement of cash flows. The major difference between treating the extension of credit to a customer as accounts receivable and treating it as notes receivable is the existence of interest. c) In a promissory note, the payee issues the note to the maker d) Interest rates are always stated on an annual basis, regardless of the length of the note. e) Accruing interest on a note receivable is considered an asset use transaction. The Griffin Corporation accepted a credit card for a sale of $3,000 on December 16, Year 1. The credit card company charges a fee of 4%. On January 5, Year 2, Griffin received payment from the credit card company. Indicate whether each of the following statements is true or false. a) Griffin should record $2,880 of revenue in Year 1 when the sale is made b) Griffin should increase the balance of the accounts receivable-credit card company account by $3,000 on December 16, Year 1. c) The sale has no impact on the statement of cash flows in Year 1. d) The collection of cash increases total assets in Year 2 e) The December 16 transaction increases total revenues and total expenses on the Year income statement