Please answer the below question ASAP for MBA 560 financial and mangerial accounting ASAP.

Paying a repair bill as soon as it was received would:

A. increase expenses.

B. increase owners' equity.

C. decrease revenues.

D. increase liabilities.

Generally companies will prepare financial statements:

A. at the end of the accounting period.

B. only when both the balance sheet and income statement are affected.

C. at the close of every business day.

D. after every transaction.