(1 ) A photocopier is depreciated by 25% straight line. It cost 10,000 and has an estimated scrap value of 2,000. How much is the accumulated depreciation at the end of Year 3? (a) 4,000 (b) 5,000 (c) 6,000 (d) 7,500 (2) Which one of the following is NOT correct? Equity Assets Liabilities (a) 5,000 6,250 1,250 (b) 5,200 7,400 2,200 (C) 5,400 6,650 1,150 (d) 5,800 7,300 1,500 (3) Which of the following best describes a trial balance? (a) It lists all the journal entries of an entity (b) It lists all the income, expenditure assets, liabilities, and equity of an entity (c) It lists all the transactions of an entity (d) It lists all the assets, liabilities, profits, losses, and equity of an entity