Question: Please please please help me to answer these questions The ledger of Kara Company in 2021 includes the following: January 1, 2021 Current assets 240.000

Please please please help me to answer these questions Please please please help me to answer these questions The ledger of

The ledger of Kara Company in 2021 includes the following: January 1, 2021 Current assets 240.000 Noncurrent assets 1.600.000 Current liabilities Noncurrent liabilities 580,000 December 31, 2021 ? 1,700,000 130.000 All assets and liabilities are reported at year-end. Working capital of P90.000 remained unchanged. Net income for the current year was P60.000. No dividends were declared during the year and there were no other changes in shareholder's equity. 6. What is the amount of current assets on December 31? A. 220,000 B.130,000 C.90,000 D.40,000 7. What is the shareholder's equity on December 31? A.1.170,000 B.1,110,000 C.1.050,000 D. 1,080,000 8. What is the amount of non-current liabilities on December 31? A.540,000 B.480,000 C.620,000 D.750,000

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