Someone please help me answer these. I'm trying to practice and want to check my answers. Thank you!

7. basis. T Sales entry properly records the transaction for a sale of merchandise on account on a perpetual a. Accounts was and the cost value of the goods was s60: Receivable 100 100 Merchandise Inventory Cost of Merchandise Sold b. Accounts Receivable 100 Sales Cost of Merchandise Sold Merchandise Inventory 60 c. Sales 100 Accounts Receivable 100 Cost of Merchandise Sold Merchandise Inventory d. Sales Cost of Merchandise Sold 100 Accounts Receivable Merchandise Inventory 8. Which journal entry properly records the transaction to purchase merchandise on account from a supplier on a perpetual basis. The cost of the merchandise purchased was S30: a. Merchandise Inventory 30 Cost of Merchandise Sold b. Purchases 30 Accounts Payable 30 c. Accounts Payable 300 Merchandise Inventory d. Merchandise Inventory 30 Accounts Payable 30 In accrual accounting, Revenues are reported on the Income Statement when a. The service has been performed and earned. b. The cash has been received. c. A contract has been signed. d. The merchandise is ordered. In accrual Expense would be reported on the Income statement in the period a. The cash was paid to the repair man b. The repair man provides an estimate. performed--incurred. c. The repair was d. None of the above are correct