Stockholders' Equity:

b$.$ $$020,000$

$($c$.)$ $$050,000$

a$.$ $$162,500$

b$.$ $$130,000$

Total liabilities and stockhelders' equity:

c$.$ $$378,500$

a$.$ $$212,500$

$($b$.)$ $$428,500$

c$.$ $$386,000$

QUESTION TWO:

The information presented below was extracted from the journal books of ITMD company for auto mechanic services regarding some of the company's transactions. Draw a circle on the correct answer that represents the correct recording of each transaction on the company's journals:

Investing $$75,000$ cash in the company$`$s capital:

a$.$ Debit Stockholder's Equity, and Credit Cash

b$.$ Debit Cash, and Credit Stockholder's Equity

c$.$ Debit Cash, and Credit Creditors

Opening a bank account and depositing $$25,000$ cash:

a$.$ Debit Bank Account, and Credit Cash

b$.$ Debit Cash, and Credit Bank Account

c$.$ Debit Stockholder$`$s Equity, and Credit Cash

Purchasing furniture for $$10,000$ paid cash:

$2$

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