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1. Calculate your personal equity (deficit) at September 1,2018 , (5 marks) 2. Uentify the errors in the above thal balance and prepare a conrected

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1. Calculate your personal equity (deficit) at September 1,2018 , (5 marks) 2. Uentify the errors in the above thal balance and prepare a conrected trial balance at December 15 th, 2018. (8 marks) 3. Calculate your total expenses for the first semester and your personal equity (defici) at Decenber 15th, 2018. (10 marks). 4. Assume the 5200 celphone you had, the computer purchased, and damage deposit paid are assets, and that the remaining costs are expenses Did your.equity charge? If sa, by how muxh? {4 marks } 5. Assuming yoo will have the same expenses in the second term, will you have enough cash to pay for them? if not, fow inuch are you short? (4 marks 6. Are there any expenses you might be able to avoid in the second term to save cash? What are they? What did you coverspend in the fist term? 18 maris) 7. Willit be hecessary for you to ask your parents for more money for the nest term? if so, how much do you need to ask for? Explain. (6 maria) 1. Calculate your personal equity (deficit) at September 1,2018 , (5 marks) 2. Uentify the errors in the above thal balance and prepare a conrected trial balance at December 15 th, 2018. (8 marks) 3. Calculate your total expenses for the first semester and your personal equity (defici) at Decenber 15th, 2018. (10 marks). 4. Assume the 5200 celphone you had, the computer purchased, and damage deposit paid are assets, and that the remaining costs are expenses Did your.equity charge? If sa, by how muxh? {4 marks } 5. Assuming yoo will have the same expenses in the second term, will you have enough cash to pay for them? if not, fow inuch are you short? (4 marks 6. Are there any expenses you might be able to avoid in the second term to save cash? What are they? What did you coverspend in the fist term? 18 maris) 7. Willit be hecessary for you to ask your parents for more money for the nest term? if so, how much do you need to ask for? Explain. (6 maria)

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