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1- If Brown Company ended the year with liabilities of $73,803 and owner's equity of $246,094, how much do they have in assets? 2- ABC

1- If Brown Company ended the year with liabilities of $73,803 and owner's equity of $246,094, how much do they have in assets?

2- ABC Company had $780,433 in revenues and $169,266 in expenses, how much is their net income/(loss)?

3- The Green Thumb Plant Service Company performed services that were not recorded for $1,180. How much should the company record as accrued revenue?

4- If revenues of $4,794 were closed to income summary and expenses of $548 were closed to income summary, what is the balance in the income summary account that must be closed to Owner's Capital.

5-

For each of the following accounts, identify whether it is nominal/temporary or real/permanent and on which financial statement it is reported.

Interest Expense [ Select ] ["nominal/temporary", "real/permanent"] [ Select ] ["Income Statement", "Owner's Equity Statement", "Balance Sheet"]

Interest Payable [ Select ] ["nominal/temporary", "real/permanent"] [ Select ] ["Income Statement", "Balance Sheet", "Owner's Equity Statement"]

Unearned Revenue [ Select ] ["nominal/temporary", "real/permanent"] [ Select ] ["Income Statement", "Balance Sheet", "Owner's Equity Statement"]

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