please answer all the questions immediately thankyou

6. What items appears first on the statement of cash flows prepared using the direct method? * (1 Point) O Cash receipts from the customers Net Income O Depreciation O Retained Earnings Thing 7. What is the accounting concept that justifies the usage of accruals and deferrals? * (1 Point) O Materiality O Going concern Stable monetary unit Consistency % m 8. Trial balance is out of balance. This may be due to (1 Point) O cash collection of P 400 not recorded. sales posted as P400 should be P 450 unpaid bill credited to cash O cash collections of P 400 recorded twice 9. These are accounts that must always be closed every accounting period. * (1 Point) O Depreciation Expense All of the above Revenues Expenses * 10. A machine costing P 100,000 which was already 50% depreciated was sold by Sol Travel Agency for P 70,000. Sol Travel should recognize a (1 Point) n Gain of P 30.000 Loss of P 20,000 Gain of P 20,000 O Loss of 'P 30,000