I need correct answer and explaining why please?

8) The process of reporting an economic event in the financial statements is known as A) recording B) writing C) recognition D) transcribing 9) Shadow's Cleaning Service provides weekly cleaning services for $41 per week. In January, they collected payments from 60 customers for 3 months (12 weeks) of service each. For the month of January, they will recognizeof revenue under the cash basis, andunder the accrual ba A) $2,460, $720 B)$3,180, So )$9,840; $29,520 D) $29,520; $9,840 10) If a company is facing a bankruptcy from which it is quite doubtful that the firm may ever recover, which underlying assumption would not be valid? A) periodicity assumption B) economic entity concept C monetary unit assumption D) going concern concept 11) Which underlying assumption presumes that the owner's personal residence should not be included as an asset on the company balance sheet? A) monetary unit assumption B) periodicity assumption C) economic entity concept D) common sense assumption 12) Which attribute of a fundamental characteristic makes explicit the assumption of the full disclosure principle? A) relevance B) materiality verifiability D) completeness 13) The process by which an accountant reaches a decision in situations with multiple altermatives is referred to as A) earnings management B) GAAP C) judgment 14) Occurs when managers manipulate financial information and misrepresent the firm's financial A)Earnings management D) Decision-making D) financial reporting B) GAAP Q Judgment