7. What are the transactions that lead to capital fluctuations as a result of the following transactions?

1.Borrow 10 million won in cash from a bank. 2.Rent was incurred 1 million won, but promised to pay it later..

3.Pay 2 million won in cash. 4.Collect 3 million won of accounts receivable in cash.

8. What is the company's capital (net assets) when the company's assets and liabilities are as follows?

Inventories 100,000, Notes receivables 40,000 Accounts payables 70,000, Supplies 80,000, Accounts payable 10,000

1.220,000

2.160,000

3.140,000

4.60,000

9. The following is the data obtained from the company's test balance sheet for the current year.

Assets 85,000, Liabilities 32,000, Equities 30,000, Revenues ? Expenses 43,000

How much profit will be recorded on the trial balance for the current period?

1. 44,000 2. 46,000 3. 66,000

4. 73,000

10. The following is the data obtained from the company's test balance sheet for the current year.

Assets 250,000, Liabilities 120,000, Equities ?, Revenues 150,000, Expenses 100,000

How much capital will be displayed in the company's statement of financial position at the end of the current period?? 1. 80,000 2.100,000

3.120,000

4. 130,000

11. How does a transaction of purchasing supplies on credit change the elements of the transaction??

1.Assets increase and revenues increase

2.Assets increase and liabilities increase

3.Assets decrease and expenses increase

4.Equities increase and revenues increase

12. How will a transaction incurred but not paid yet affect the elements of the transaction?

1.Assets decrease and expenses increase

2.Assets increase and liabilities increase

3.Expenses increase and liabilities increase

4.Equities increase and expenses increase

13. Which of the following transactions cannot be combined as an element of a transaction?

1. Assets increase and assets decrease

2. Assets decrease and liabilities decrease

3. Liabilities increase and expenses increase

4. Liabilities increase and revenues increase

14. The following set of accounts and bookkeeping methods is not correct?

1.Accounts Receivable Account-Debited as it increases 2. Accounts Payable-Debited when decreases 3. Rent Account-Debited when incurred

4. Capital account-debited when increasing

15. What is an appropriate journal entry for a transaction that pays US$ 1,000 outstanding payments in cash when acquiring equipment in the past?

1 (Debit) Cash 1,000 (Credit) Accounts payable 1,000 2 (Debit) Supplies 1,000 (Credit) Cash 1,000 3 (Debit) Cash 1,000 (Credit) Accounts payable 1,000 4 (Debit) Accounts payable 1,000 (Credit) Supplies 1,000

please answer all of this question as soon as within 1 hour possible thankyou