15. The Assets account shows a balance of $ 25,000 and the Capital account $ 7,000. How much is the liability (Liability)? a) Debt $ 18,000 b) Credit $ 18,000 c) Capital $32,000 d) Assets $7,000 16. The Income Summary account shows a loss of $5,500. The corresponding setting is: a) DR-Cash $5,500 CR- Account Payable $5,500 b) DR- Net Loss $5,500 CR- Capital Payable $5,500 c) DR- Capital $5,500 CR-Net Loss $5,500 d) DR- Revenue $5,500 CR- Cash $ 5,500 17. If the Income Statement shows a loss of $ 9,000 and the Income adds up to $ 20,000. Expenses add up to how much? a) $ 29,000 b) $ 21,000 c) Account receivable CR- $ 29,000 d) Cash CR- $ 29,000 18. The inventory account shows a balance of $ 35,000 at the beginning and $8,000 at the end. The corresponding adjustment is: a) DR - Inventory $ 8,000 CR- Cash $$ 35,000 b) DR - Account Payable $ 8,000 CR - Inventory $ 8,000 c) DR-Cost of Goods Sold $ 27,000 CR-inventory $ 27,000 d) DR - Inventory $ 27,000CR- Cost of Goods Sold $ 27,000 19. Giving a debit (DR) to the Accumulated Depreciation account has the effect of: a) Reduce the Book Value b) Increase the Capital Withdrawal c) Reduce the Account expenses d) Increase the Book Value 20. A check for $1,500, indicates, one month in advance plus the deposit. The accounting entry is:a) DR - Rent Expense $ 1,500 CR- Cash $ 1,500 b) DR - Account Payable $ 8,000 CR - Inventory $ 8,000 c) DR- Cash $ 1,500 CR- Prepaid Rent $ 750.00 CR-Deposit Deposit $ 750.00 d) DR - Rent Expenses $ 750.00 CR- Unearned Revenue $ 750.00