15. As the new accountant for Barney Technologies, you notice that their some information has not been included in their account balances. Answer the following questions based on the information below.

Barney Technologies

Balance Sheet as at 30 June 2021

Cash18,000Accounts payable4,500Office supplies1,500Merchandise inventory12,000Accounts receivable3,000Bank loan27,000Property and equipment75,000Owners equity78,000

The following information has not been incorporated to the accounts of Barney at the end of the period.

1.On the 30 June, Barney withdrew $2,000 from the business.

2.Depreciation for the year of $7,500 has not been included.

3.Although the invoice has not arrived,utilities expense for the last month is expected to be $300.

The heading/title of the Balance Sheet is:

The total Net Assets amount is:

a.

$78,000

b.

$31,500

c.

$68,000

d.

$32,000