-3 46 Account Name Amount Dividends $2,500 Prepaid expenses 1,500 Interest expense 750 Website expense 600 Accounts receivable 17,300 Deferred revenue 850 Income tax expense 3,750 Collections from customers 37,945 Purchase of intangibles 1,020 Payments to suppliers 35,600 Travel expense 1,800 Retained earnings (beginning of year) 3,700 Payment of dividends 2,500 Insurance expense 2,400 Office supplies expense 350 Cash (beginning of year) 31,550 Service revenue 33,720 Cash received from debt 10,000 Prepaid insurance 1,200 Office supplies 975 Business licence 60 Cash (end of year) 47.875 Income tax payable 500 Owner's capital 21,000 Website design 960 Telephone expense 375 Contributions by owners 7,500 Accounts payable 12,625 Bank loan payable, due in 2025 10,000 49 52 55 Question 18 (2 points) What is total current assets on this company's balance sheet? Question 19 (2 points) What is total assets on this company's balance sheet? A Question 20 (2 points) 9 What is total current liabilities on this company's balance sheet? 52 AJ Question 21 (1 point) What is the correct order for the current liabilities section of the balance sheet? a) Accounts payable, Deferred revenue, Income tax payable b) Accounts payable, Income tax payable, Bank loan payable Oc) Accounts payable, Income tax payable, Payments to suppliers d) Accounts payable, Income tax payable e) Bank loan payable, Income tax payable, Accounts payable, Deferred revenue Of) Accounts payable, payments to suppliers, deferred revenue, income tax payable Question 22 (2 points) What is total liabilities on this company's balance sheet? Question 23 (2 points) What is total equity on this company's balance sheet? AJ Question 24 (1 point) What is the correct order for the equity section of the balance sheet? a) Owners' capital, Retained earnings, Profit b) Retained earnings, Profit, Owners' capital 5 c) Owners' Capital, Retained earnings d) Owners' capital, Retained earnings, Profit, Dividends e) Retained earnings. Owners .canital Question 25 (1 point) What is the correct title for this company's statement of cash flows? a) December 31, 2021, Statement of Cash Flows, Huimin Ltd. b) Huimin Ltd., December 31, 2021, Statement of Cash Flows Oc) Statement of Cash Flows, Huimin Ltd., Year ended December 31, 2021 d) Huimin Ltd., Statement of Cash Flows, Year ended December 31, 2021 e) Huimin Ltd., Statement of Cash Flows, December 31, 2021 Question 26 (1 point) What is the correct order for the sections of this company's statement of cash flows? a) Investing, Operating, Financing, Change in cash b) Change in cash, Investing, Operating, Financing Oc) Operating, Investing, Financing, Change in cash d) Financing, Investing, Operating, Change in cash e) Investing, Operating, Financing Question 27 (2 points) What is total cash flow from investing activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a 't' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a 'sign. For example, outflow of $10,485 enter as - 10485 NA Question 28 (2 points) What is total cash flow from operating activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as -10485 Question 29 (2 points) What is total cash flow from financing activities on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a 'sign. For example, outflow of $10,485 enter as - 10485 5 Question 30 (2 points) What is the net change in cash on this company's statement of cash flows? If the amount is an INFLOW enter the amount with a 't' sign. For example, inflow of $12,682 enter as +12682 If the amount is an OUTFLOW enter the amount with a 'sign. For example, outflow of $10.485 enter as -10485
