for the first to questions, how do we get to the correct answer? for the last question, what is the correct answer, please please help me understand

Your Answer Correct Answer Your answer is correct. Oriole Company recorded journal entries for the declaration of $251500 of dividends, the $163500 increase in accounts receivable for services rendered, and the purchase of equipment for $106000. What net effect do these entries have on stockholders' equity? Decrease of $194000 Decrease of $357500. Decrease of $88000 Increase of $57500 Colution Your answer is correct. The omission of the adjusting entry to record depreciation expense wilt result in an overstatement of assets and an overstatement of liabilities. overstatement of assets and an overstatement of owners' equity. understatement of assets and an understatement of owner's equity. overstatement of liabilities and an understatement of owners' equity. eTextbook and Media upport X Your answer is incorrect. Crane Company received $19200 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nominal account. The December 31, 2020 adjusting entry is debit Unearned Rent Revenue and credit Rent Revenue, $4800. debit Rent Revenue and credit Unearned Rent Revenue, $14400 debit Unearned Rent Revenue and credit Rent Revenue, $14400. debit Rent Revenue and credit Unearned Rent Revenue, $4800. Solution e Textbook and Media