Question Number One : $(30$ Marks $)$ Choose the Correct Answer : $1-$ The Accounting Equation is Most Often Stated as Assets $=$ Liabilities c$-$Assets$=$Liabilities $+$ Owners Equity b$-$ Liabilities $=$ Assets $+$ Owners Equity d$-$ Owners Equity $=$ Liabilities $+$ Assets $2-$ If equity is L$.$E $400\mathrm{.}000$ and Liabilities are L$.$E$100\mathrm{.}000,$ Then Assets equal : a$-$ L$.$E $100,000$ Le L$.$E $200,000$ b$-$ L$.$E $300,000$ d$-$ L$.$E $500,0003-$ The Diffeence Between a Companys Assests and its Liabilities is : a$-$ Net income c$-$ Equity $-$ Expenses d$-$ Gross profit $4-$ Economic Resource Owned and Controlled by a Company as a Result of Past Events are: a$-$ Assets c$-$ Equity b$-$ Liabilities d$-$ Revenue $5-$ If Fixed Assets is L$.$E $250\mathrm{.}000$ and Current Assets are $50,000,$ Then Total Asstes equal: a$-$ L$.$E $100,000$ c$-$ L$.$E $150,000$ b$-$ L$.$E $200,000$ d$-$ L$.$E $300,000$