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Question 17 (10 points) On 11/1/20 the Gamma Company enters into a contract with a local electricity provider. The annual charge for the electricity is $18,000, to be paid by Gamma to the provider in semiannual installments at the end of every 6 month period. Which of the following statements are true about the journal entries recorded by the two companies? (select all that apply - i.e. just one or as many as all of them) On 12/31/20, both the Gamma Company and the electricity provider debit a balance sheet account for $3,000 On 12/31/20 the electricity provider debits an income statement account for $3,000 On 12/31/20, the electricity provider debits Cash for $3,000 On 4/30/21, the Gamma Company credits Cash for $6,000 On 4/30/21, the Gamma Company credits Cash for $9,000