The controller of Lola Inc. told you that salaries of $50,000 were incurred during 2020 and would not be paid until January 2021. On which statements for 2020 would you find this information?
a) Statement of financial position and statement of cash flows
b) Statement of earnings and statement of financial position
c) Statement of cash flows only
d) Statement of financial position only
e) Statement of earnings and statement of cash flows