1 On November 1 of the current year, the assets and liabilities of Dr Maza, M.D., are as follows: Cash, RM10,000; Accounts Receivable, RM8,200; Supplies, RM1,050; Land, RM25,000; Accounts Payable, RM6,530. What is the amount of owner's equity (Dr Maza's capital) as of November 1 of the current year? Select one: O a. RM48,780 0 b. RM37,720 C. RM21,500 d. RM44,430 Johnny car repair shop started the year with total assets and liabilities of RM60,000 and RM40,000 respectively, and revenues,expenses, and owner withdrawals respectively, total equity was: Do Select one: a. RM 90,000 b. RM 20,000 O c. RM 45,000 0 d. RM 35,000 Expenses of promoting sales by displaying and advertising merchandise, making sales, and delivering goods to customers are: 20 Select one: O a. Purchasing expenses. b. Nonoperating activities. c. General and administrative expenses. O O O O d. Selling expenses. e. Cost of goods sold