m 16 Entry to record Collection from accounts receivables will include a d out of question Select one: O a. credit to Accounts Receivable O b. Debit to Accounts Payable C. Credit to cash d. Debit to Accounts Receivable 17 Accrued expenses before adjusting entries can best be described as an amount out of question Select one: a. not paid and not reported on the Statement of financial position b. not paid and reported on the Statement of financial position c. paid and reported on the income statement d. paid and reported on the balance sheet on 18 X,Co.purchased supplies costing $5,000 on 1/1/ 2020 and recorded the transaction by increasing assets. At the end of the year $2,000 of the supplies are used.if X co make the adjusting entry for supplies what is the impact on X,co income statement at 31/12/2020 ed out of g question Select one: a. no effects in income statement o b. expenses increased by $3,000 C. Expenses increased by $2,000 d. Assets decreased by $3,000