During $2022,$ Guide Pro Corporation collected cash in advance of providing guide services totaling $$6,800.$ During the year, the company earned total service revenue amounting to $$368,000.$ of which $$333,000$ was collected in cash; the balance will be collected in January $2023.$ What amount should the $2022$ income statement report for service revenue?

A$)$ $$333,000$

$($B$)$ $$368,000$

C$)$ $$304,800$

D$)$ $$35,000$

Glenn Company paid $$30,000$ cash to its landlord on November $1,2023$ for rent covering the six$-$month period from November $1,2023$ through April $30,2024.$ The books are adjusted only at year$-$end. Which of the following does not correctly describe the effect on Glenn's financial statements of the December $31,2023$ adjusting entry?

A$)$ Rent expense increases $$10,000.$

$($B$)$ Stockholders' equity increases $$10,000.$

C$)$ Prepaid rent decreases $$10,000.$

D$)$ Net income decreases $$10,000.$

Which of the following describes the transaction resulting in a journal entry with a debit to salaries expense and a credit to salaries payable?

A$)$ Cash was used to pay for salaries that were not previously recorded as an expense

B$)$ Cash was used to pay for salaries that were previously recorded as an expense

C$.$ Pay for employee salaries expense incurred in last period

$($D$)$ Salaries expense has been incurred but is unpaid

On January $1,2023,$ the general ledger of Hermoso Company included supplies of $$2,300.$ During $2023,$ supplies purchased amounted to $$7,600.$ A physical count of inventory on hand at December $31,2023$ determined that the amount of supplies on hand was $$2,500.$ How much is the supplies expense for year $2023?$

A$)$ $$2,300$

B$)$ $$9,900$

C$)$ $$7,800$

$($D$)$ $$7,400$