35. A small company may be able to justify using a cash basis of accounting if they have: A) Sales under $1,000,000. B) no accountants on staff. C) few receivables and payables. D) all sales and purchases on account. 36. East University sold season tickets for the 2016 football season for $160,000. A total of 8 games will be played during September, October and November. Assuming all the games are played, the Unearned Revenue balance that will be reported on the December 31" balance sheet will be: A) $0. B) $60,000. C) $100,000 D) $160,000. 37. Cathy Cline, an employee of Welker Company, will not receive her paycheck until April 2nd. Based on services performed form March 15th to March 30th, her salary was $900. The adjusting entry for Welker Company on March 31" is: A) Salaries Expense 900 Salaries Payable 900 900 B) No entry is required C) Salaries Expense Cash 900 900 D) Salaries Payable Cash 900 36. East University sold season tickets for the 2016 football season for $160,000. A total of 8 games will be played during September, October and November. Assuming all the games are played, the Unearned Revenue balance that will be reported on the December 31 balance sheet will be: A) $0. B) $60,000. C) $100,000. D) $160,000. - ive her navcheck until April