2.As of December 31, 2017, Deitrich Inc. had assets of 17,400,000, liabilities of 6,200,000, share capital of 4,400,000. Retained earnings as of that date is(2 Points)

3,750,000.

4,400,000.

6,800,000

11,200,000.

,.....................................

3.Ayala Company showed the following balances at the end of its first year: Cash..........................................$11,000 Prepaid insurance.......................500 Sales discount .........................2,500 Accounts payable...................2,000 Notes payable.........................6,000 Share capital-ordinary...........4,000 Dividends.....................................500 Sales Revenue.........................14,500 Cost of goods sold ................12,000 What did Ayala Company show as total debits on its trial balance?(2 Points)

$27,000

$28,000

$27,500

$26,500

multiple choice