QUESTION 23 0.4 points Save Answer A calendar year reporting company preparing its annual financial statements should use the phrase "For the Period Ended December 31, Year 1" in the heading of which financial statements? On all of the required financial statements. O On the income statement and balance sheet, but not the statement of cash flows. O On the income statement. O On the balance sheet only QUESTION 24 0.4 points Save Answer All of the following are Balance Sheet accounts Except? O Cash Interest Expense O Accounts Payable O Accounts Receivable O Unearned Revenue QUESTION 25 0.4 points Save Answer Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1) issued stock for $80,000 2) borrowed $45,000 from its bank 3) provided consulting services for $78,000 4) paid back $35,000 of the bank loan 5) paid rent expense for $19,000 6) purchased equipment costing $32,000 7) paid $5000 dividends to stockholders 8) paid employees' salaries, $41,000 What is Yowell's ending notes payable balance? O $35,000 O $45,000 O $0 O $10,000