Question: please help me answer this 1 accounting problem Only and 4 accounting theories. please please please. thank you so much! Will give you Thumbs Up
please help me answer this 1 accounting problem Only and 4 accounting theories. please please please. thank you so much! Will give you Thumbs Up if you answer all.

1) The following information was taken from the records of Kaka Distress Company: Accrued rent income - January 1 Accrued rent income - December 31 Uneamed rent - January 1 Uneamed rent - December 31 Rent income under accrual basis How much is the rent income under cash basis?. 1,600,000 800,000 1,200,000 2,000,000 2,400,000 statements 2) Which of the following is a non-current liability on December 31, 2021 statement of financial position? A. Bonds payable maturing on March 2022 which were refinanced in 2022 before issuance of the 2021 financial B. Mortgage note payable due March 15, 2022, which was rolled over in 2022 after the issuance of the 2021 financial statements. C. Mortgage note payable due March 15, 2022, which was converted into shares of the company's ordinary share capital in 2022 before the issuance of 2021 financial statements. D. Mortgage note payable due March 15, 2022, in which the entity has the intention and discretion to roll over for a period of at least 24 months from the original maturity date. 3) Which of the following is correct regarding the classification of certain items in the statement of cash flows by a non-financial institution? Option 1 Option 2 I. Interest received Operating activities Investment activities II. Interest paid Operating activities Financial activities III. Dividends received Operating activities Investing activities IV. Dividends paid Financing activities Operating activities A I only B. I, II and III C. I, II, and IV D. All of these 4) Which of the following requires an adjustment to the opening balance of retained earnings in the earliest period of the comparative financial statements presented? A. A change in the estimated useful life of machinery B. A change in the expected residual value of a property C. A change from straight line to declining balance depreciation A change from First-in. First-out (FIFO) to weighted average inventory cost flow assumption 1 5) Which of the following statements about income and expense recognition is (are) true? The gross profit on sales computed under modifies cash basis is the same as the computed under accrual basis. II Both cash and accrual basis will yield the same amount of operating expenses in the income statement. II In recording day-to-day transactions and events, all entities must follow accrual basis of accounting. A Only I is true B. I and II are true C. II and III are true D. All statements are true
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