Question: I need help with a accounting question ASAP I have attached a table as a picture to refer to while answering all the 6 parts
I need help with a accounting question ASAP I have attached a table as a picture to refer to while answering all the parts about this same table, please answer each of the parts accurately showing all the calculations too. ALL PARTS ARE MCQs so CHOOSE THE CORRECT ANSWER WISELY and CORRECTLY.
Figure is attached in this question as a picture to refer to for all parts
PART :
In Figure the capital figure in the trial balance columns should be
a $
b $
c $
d $
PART :
In Figure the total value of current assets is
a $
b $
c $
d $
PART :
In Figure the total value of longterm liabilities is
a $
b $
c $
d $
PART :
In Figure after extending the worksheet correctly, a would be indicated.
a net income of $
b net income of $
c net income of $
d None of the above
PART :
In Figure the total for the debit side of the balance sheet column will be
a $
b $
c $
d $
PART :
In Figure the owners capital figure to appear on the balance sheet should be
a $
b $
c $
d None of the above
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