need help with 1&2

TB MC Qu. 2-55 (Static) On October... On October 1, Year 1 Allen Company paid $24.000 cash to lease office space for one year beginning immediately. How would the adjustmen on December 31, Year 1 to recognize rent expense affect the company's financial statements? Multuple Choice Optian Bl TB MC Qu. 2.61 (Algo) Rushmore Company provided services... Rushmore Company provided services for $18,000 cash during Year 1 . Rushmore incurred $14,000 expenses on account during Year 1 , and by the end of the year, $4,000 of that amount had been paid with cash. Assuming that these are the only accounting events that affected Rushmore during Year 1 , which of the following statements is true? Mulniple Choice The omount of net income shown on the income statement is $4,000 The amount of net income shown on the income statement is $10,000 The emount of net cosh flow fiom operating octivises shown on the stbtement of cash fowt is 38 o00