Select the correct answer. Help Please!!

Amanda works as an accountant for a manufacturing firm. She is responsible for preparing the firm’s financial statements. Her firm follows the cash-basis method of accounting. Considering this information, which action would Amanda take while recording the firm’s financial data?

A.
record and recognize expenses even if payments have not been made
B.
record and recognize income only once the payment has been received
C.
record credit purchases as a liability named accounts payable
D.
record credit sales as an asset named accounts receivable

The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.

Exercise 4-6 the following balances were taken from the books of alonzo corp. on december 31, 2017. interest revenue $86,000 accumulated depreciation—equipment $40,000 cash 51,000 accumulated depreciation—buildings 28,000 sales revenue 1,380,000 notes receivable 155,000 accounts receivable 150,000 selling expenses 194,000 prepaid insurance 20,000 accounts payable 170,000 sales returns and allowances 150,000 bonds payable 100,000 allowance for doubtful accounts 7,000 administrative and general expenses 97,000 sales discounts 45,000 accrued liabilities 32,000 land 100,000 interest expense 60,000 equipment 200,000 notes payable 100,000 buildings 140,000 loss from earthquake damage 150,000 cost of goods sold 621,000 common stock 500,000 retained earnings 21,000 assume the total effective tax rate on all items is 34%. prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year. (round earnings per share to 2 decimal places, e.g. 1.48.)

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?