Question: Please answer all three questions per chegg guidelines. thank you 20. A business receives an electricity bill for the past month. Which of the following

Please answer all three questions per chegg guidelines. thank you

20. A business receives an electricity bill for the past month. Which of the following occurs?

a. Cash is debited.

b. Prepaid expenses are debited.

c. Accounts payable is debited.

d. Utilities expense debited.

44. From the list below, select all items that are on the Income Statement.

Cash

Accounts receivable

Prepaid expenses

Supplies

Accounts payable

Salary payable

Unearned revenue

Loans payable

Equipment

Land

Accumulated depreciation

Common stock

Retained earnings

Dividends

Service revenue

Depreciation expense

Rent expense

Utilities expense

Salary expense

45. From the list below, select all items that are closed to retained earnings at year-end.

Cash

Accounts receivable

Prepaid expenses

Supplies

Accounts payable

Salary payable

Unearned revenue

Loans payable

Equipment

Land

Accumulated depreciation

Common stock

Retained earnings

Dividends

Service revenue

Depreciation expense

Rent expense

Utilities expense

Salary expense

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