27) The balances of select accounts of Sandra, Inc. as of December 31, 2016 are given below: Credit Debit $140,000 8,000 1,100 5 ,000 450 Building Cash Office Supplies Furniture Prepaid Insurance Accumulated Depreciation-Furniture Land Accumulated Depreciation-Building Accounts Receivable T $3,000 32,000 4,700 2,300 The insurance has been prepaid until lune 30, 2017 Determine the amount of total current assets reported on the balance sheet. A) $9,550 B) $11,850 C) $9,100 D) $15,300 28) Which of the following is true of a completed worksheet?! A) The total debits in the income statement column equal the total debits in the balance sheet column. B) The total of all the debit columns is equal to the total of all the credit columns. C) The total debits in the unadjusted trial balance column equal the total debits in the adjusted trial balance column. D) The total debits in the income statement column equal the total credits in the balance sheet column. 29) Which of the following account's balance is carried forward to the next accounting period? A) Dividends B) Depreciation Expense Service Revenue D) Accumulated Depreciation 30) Which of the following is a current asset that is expected to be converted to cash, sold, or consumed during the next year (or the normal operating cycle, if longer)? A) Equipment B) Building C) Land D) Accounts Receivable 31) Liquidity is a measure of how A) short an operating cycle is B) quickly an asset may be converted into cash C) easily an asset can be exchanged for another asset D) long an asset can be used 32) Which of the following is a plant asset? A) Accounts Receivable C) Equipment B) Trademark D) Patents 33) Which of the following accounts will be included in a post-closing trial balance? A) Service Revenue B) Interest Expense C) Unearned Revenue D) Rent Expense