Question: Using your Excel worksheet, what would the accounting equation for Swift Snacks Food Delivery be as of January 31, 2020? A. $ 11 comma 795
Using your Excel worksheet, what would the accounting equation for Swift Snacks Food Delivery be as of January 31, 2020? A. $ 11 comma 795 = $ 6 comma 908 + $ 4 comma 887 B. $ 4 comma 887 = $ 2 comma 300 + $ 2 comma 627 - $ 40 C. $ 6 comma 195 = $ 2 comma 627 + $ 3 comma 568 D. $ 2 comma 627 = $ 6 comma 195 - $ 3 comma 568 Which of the following items are assets? (Select all that apply.) A. Common stock B. Advertising expense C. Service revenue D. Dividends E. Retained earnings F. Miscellaneous expense G. Automobile expense H. Interest expense I. Cash J. Long-term loan payable What accounts affect equity in the accounting equation? (Hint: These are the accounts you used for Requirement 3.f.) (Select all that apply.) A. Dividends B. Cash C. Automobile expense D. Interest expense E. Common stock F. Retained earnings G. Advertising expense H. Long-term loan payable I. Miscellaneous expense J. Service revenue Did Swift Snacks Food Delivery have a profitable month? How do you know? A. Yes, because Swift Snacks Food Delivery was able to pay a dividend. B.No comma because net income is negative. No comma because net income is negative. C. No, because Swift Snacks Food Delivery has an outstanding liability balance. D.Yes comma because net income is positive. Yes comma because net income is positive. Using your Excel worksheet, what were the total dividends paid as of January 31, 2020? A.$ 2 comma 300 $ 2 comma 300 B.$ 3 comma 568 $ 3 comma 568 C.$ 40 $ 40
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