Question: Please answer 4 questions above. I will appreciate your effort! 19. Company A pays office rent for the month of October in cash, $5,000. What

Please answer 4 questions above. I will appreciate your effort!
Please answer 4 questions above. I will appreciate your effort! 19. Company
A pays office rent for the month of October in cash, $5,000.

19. Company A pays office rent for the month of October in cash, $5,000. What is the appropriate entry for this transaction at month-end? a. Debit Rent Expense $5,000 and Credit Cash $5,000 b. Credit Rent Expense $5,000 and Debit Cash $5,000 C. Debit Rent Expense $5,000 and Debit Cash $5,000 d. Credit Rent Expense $5,000 and Credit Cash $5,000 20. Company B estimates depreciation on its office equipment to be $500 per month. What is the appropriate entry for this transaction at month-end? a. Debit Depreciation Expense $500 and Credit Accumulated Depreciation $500 b. Credit Depreciation Expense $500 and Credit Accumulated Depreciation $500 C. Credit Depreciation Expense $500 and Debit Accumulated Depreciation $500 d. Debit Depreciation Expense $500 and Debit Accumulated Depreciation $500 21. Company C receives $2,000 in cash from a customer in advance for a service to be performed next month. How would this transaction be appropriately recorded? a. Credit Sales Revenue $2000 and Debit Cash $2000 b. Debit Cash $2000 and Credit Accounts Receivable $2000 c. Credit Unearned Revenue $2000 and Debit Cash $2000 d. Debit Cash $2000 and Debit Service Revenue $2000 29. In preparing a statement of cash flows, which of the following transactions would be considered an operating activity? a. Sale of equipment b. Taking out a bank loan C. Sale of merchandise on credit d. Declaration of a cash dividend

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