1. (1 mark) Do you observe any asset account that has a higher total credit amount compared to total debit amount? 1 10040 2. 12900 3 10500 4. 11100 2. (1 mark) Revenue account 42200 has a debit balance of $2,127. Which of the following account may show this balance? 1. Sales revenue 2. Sales returns 3. Interest revenue 4. Cash 3. (1 mark) You noticed that two asset accounts have both high total debit and credit amount. In addition to "Cash," what may be the other account?- 1 Travel Expense 2. Office supplies 3. Inventory 4. Accounts Payable Short Essay: Using only the data provided, answer the following short answer questions. Show all of your work. 1. (2 marks) Assume that account 10400 is "Cash" and account 40200 is "Sales Revenue." Can you explain why the balance in "Sales Revenue" is different from the balance in "Cash?" ENTER YOUR ANSWER HERE