CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first month of operations, the business completed the following transactions: -Feb 3 Davidson contributed $81000 cash and office furniture with a fair market value of $6500 from her personal bank account to a business account titled John Davidson, Dietician. 1) Refer to case 1 After all of the transactions, How much is the Debit or Credit balance in the trial balance? (write your result in to the answer box below) Answer: 2) Refer to case 1 After all of the transactions, how much is the Total Assets? (white your result in to the answer box below) Answer= 3) Refer to case 1After all of the transactions, How much is the A.P balance in the trial balance? (write your result in to the answer box below) Answer: 4) Refer to case 1After all of the transactions, How much is the cash balance at the end of the period? (wite your resuit in to the answer box below) Answer: 5) Refer to case 1After all of the transactions, How much is the Revenue balance? (wite your resint in to the answer box below) Answer: 6)Refer to case 1After all of the transactions, How much is the Net Income? (wite your result in to the answer box below) Answer: 7)Refer to case 1After all of the transactions, How much is the Total Liabilities? (write your result in to the answer box below) Answer: 8) Refer to case 1 Which of the following is journal entry for Feb 20? 9) Refer to case 1 Which of the following is joumal entry for Feb 22? A. No effect B. Expenses 2000 Cash 2000 C. Cash 2000 Revenue 2000 D. Eqipment 2000 Cash 2000 E. none of them CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first month of operations, the business completed the following transactions: -Feb 3 Davidson contributed $81000 cash and office furniture with a fair market value of $6500 from her personal bank account to a business account titled John Davidson, Dietician. 1) Refer to case 1 After all of the transactions, How much is the Debit or Credit balance in the trial balance? (write your result in to the answer box below) Answer: 2) Refer to case 1 After all of the transactions, how much is the Total Assets? (white your result in to the answer box below) Answer= 3) Refer to case 1After all of the transactions, How much is the A.P balance in the trial balance? (write your result in to the answer box below) Answer: 4) Refer to case 1After all of the transactions, How much is the cash balance at the end of the period? (wite your resuit in to the answer box below) Answer: 5) Refer to case 1After all of the transactions, How much is the Revenue balance? (wite your resint in to the answer box below) Answer: 6)Refer to case 1After all of the transactions, How much is the Net Income? (wite your result in to the answer box below) Answer: 7)Refer to case 1After all of the transactions, How much is the Total Liabilities? (write your result in to the answer box below) Answer: 8) Refer to case 1 Which of the following is journal entry for Feb 20? 9) Refer to case 1 Which of the following is joumal entry for Feb 22? A. No effect B. Expenses 2000 Cash 2000 C. Cash 2000 Revenue 2000 D. Eqipment 2000 Cash 2000 E. none of them