n 26 Presented below are data for XYZ Corp. 2018 2019 2020 out of 2,800 3,360 ? 1,580 ? Assets, January 1 Liabilities, January 1 Equity, Jan. 1 Dividends 2,016 question ? 2,100 560 420 476 504 448 500 Increase in share capital-ordinary Equity, Dec. 31 Net Income ? ? 1,596 560 448 ? Equity at January 1, 2018 is? Select one: O a. 504 b. 1,724 C. 1,220 d. 560 27 Comprehensive income includes all of the following, except -ut of question Select one: a. losses on non-trading equity securities b. revenues and gains. C. expenses and losses d. preference share dividends 28 An adjusting entry to record an accrued expense involves a debit to expense account and a credit to Cash ut of Select one: question True False