1.Which types of adjusting entries are natural opposites

Select one:a.

expenses and revenues

b.

profit and loss

c.

prepayments and accruals

d.

prepayments and depreciation

Clear my choice

2.

The following are the current year's balance for Carl Draper's

Accounts	Balance
Cash	32700
Accounts receivable	3500
Office supplies	400
Equipment	3600
Accumulated depreciationequipment	60
Furniture	8400
Accumulated depreciation_furniture	140
Accounts payable	9300
Salaries payable	1370
Unearned revenue	1400
Carl Draper, capital	36000
Owner's draper, drawings	2800
Service revenue	7700
rent expense	1100
Electricity and gas expense	500
Salaries expense	1370
Depreciation expenseequipment	60
Depreciation expense-furniture	140
Supplies expense	1400

Carl Drapers total assets are: