Question: Question 6 and 7 help please Question 6 (3 points) One advantage of a single-entry cash accounting system over a double-entry accrual system is: a.
Question 6 and 7 help please

Question 6 (3 points) One advantage of a single-entry cash accounting system over a double-entry accrual system is: a. It can be done on a computer b. A current balance sheet is always available c. Non-cash transactions do not need to be entered d. It is easier to enter transactions e. All the above Question 7 (3 points) Which of the following asset valuation methods would be preferred for farm buildings? a. Available net selling (or market) price O b. Lesser of cost or market price c. Value at cost or reproduction value depreciated to current condition d. Capitalization of earning power
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