Question: I need help in these questions and need help very fast. Please do the questions in 30 minutes and answer them just answers. Please fast
I need help in these questions and need help very fast. Please do the questions in 30 minutes and answer them just answers. Please fast and correct 


Question 29 ELF Company showed the following information at the end of the first year. $175 $150 Revenue eamed Cash received from customers 40 Expenses incurred, excluding depreciation 24 Proceeds from a bank loan to purchase computer 85 Cash paid for computer to be used for 5 years (Straight line 50 Cash paid for expenses depreciation, no salvage value) S10 deprecation a year What is ELF's net income for the year based on the accrual basis of accounting? O $66 O 5126 O $141 $216 Question 30 if Winter Inc sells 100 shares of $6 par value common stock at par, the correct entry would include a credit(s) to: Paid-in capital for $600
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