9is the process of transferring the coot of natural resources to and expene oun b. amortization c depletion 10, Fossil is famous for fashion wristwatches and leather goods, At the end of a ecent year, Foo's assets added up to $363,000,000, and equity was $228,000,000. How much were Fossi's liabilaties? a. Cannot determine from the data given c. $135,000,000 d allowance b. $363,000,000 d $228,000,000 II. (20) The December cash record of ABB Insurance follow Date Cash Debit Check No, Cash Credit Dee 4 5 4,170 510 530 2,180 1,850 1416 1417 1418 1419 1420 1421 1422 s s60 130 13 17 ABB Insurance's cash account shows a balance of $16,740 at December 31. On December 31, the compar received the following bank statement Bank Statement for December Beginning Balance 513,600 Deposits and other Credits Dec. 1 NSE 1,000 10 15 18 22 EFT S 300 Dec 8 4,170 510 530 2,180 1,400 I1 Check NO. 1416 19 22 Check NO. 1417 29 Check NO. 1418 31 Check NO. 1419 31 130 Bc Ending Balance Notes: BC-bank collection; EFT-electronic funds transfer, NSF sonsufficient funds chec $17,350 sc-service charge Additional data for the bank reconciliation follows a. The EFT credit was a receipt of sent. The EFT debit was an insurance payment b. The NSF check was received from a customer named Dunlap Chemical c The $1,400 bank collection was for a mote receivable d. The correer amount of Check 1419 for rent expense is $1.,94 1) Prepare the hank recon 2) Journalize 0 insiead of $1,490 on cash records ciliation for ABB Insurance as at December 31. reconciliation. d sales data Sor ire of raay's inventory record using FIF any required entries from the bank ne following October purchases