29. Determine the changes to the balance sheet as me the changes to the balance sheet as the result of charging $32,000 in equipment costs to various jobs. crease equipment costs charged to jobs 532.000. Decrease construction costs - equipment S32.000 B. Increase equipment costs charged to jobs $32.000. Increase construction costs equipment S32,000. C. Increase accounts payable-trade 532.000. Decrease current period net income $32,000. D. No change to the balance sheet 30. What changes must be made to the income statement as the result of billing S130 for personal use of a pickup truck to the general superintendent. B. C. D. Increase equipment costs charged to employees $130. Increase profit $130 Decrease equipment costs charged to employees $130. Decrease profit $130 Increase accrued payroll S130. Decrease current period net income S130 Decrease accrued payroll S130. Increase current period net income S130 31. A contractor pays its estimators a bonus based on the volume of work won. What type of overhead cost is this? B. mixed fixed variable operating Which is a characteristic of construction projects with a single payment at its end? A B. c. D. Retention is withheld from payments received. The peak need for cash is at mid-month. The peak need for cash is just before the end of the project. They require use of the cash accounting method. 33. Which organizational structure is made up of multiple owners who are responsible for al of the company's liabilities, and pay personal income taxes on the company's profits? A. B. Sole proprietorship C-corporation S-corporation General partnership