Acce Auto For the yede 1 December Canh DEDIT CREDES Account Receivable 16.000 5,000 Equipment 2.500 Accumulated Depreciation 15.000 Accounts Payable 7.500 Notes Payable due in 2 years) 5,000 Common Stock 9,000 Retained Earnings. 1 JAN balance 5,000 8,000 Dividends 2,000 Fees Earned 15,000 Wages Expense 4,200 Rent Expense 2.500 Utilities Expense BOO Depreciation Expense 2,000 Miscellaneous Expense 500 49,500 49,500 1. Net Income for the period is: 4. Determine Current Assets. A -10,000 A 15,000 B-2,000 B 22,500 C 5,000 C 25,000 D 15,000 D 32,500 E None of the above. E None of the above. 2. Determine the retained earnings ending balance. 5. Determine total liabilities. A4.000 A 5,000 B 6,000 B 9,000 C 11,000 C12,500 D 21,000 D34,500 E None of the above. E None of the above. 6. Determine the Current ratio. 3. Determine total assets. A 30,000 B 1.61 B 37,500 2.32 C 45,000 D 6.50 D 49,500 A 4.50 15.00 2.000 000 15.000 E None of the above 2. Determine the retained earnings ending balance A4.000 B 6,000 C 11,000 D 21.000 E None of the above. 3. Determine total assets. A 30,000 B 37,500 C 45,000 D 49,500 E None of the above. 5. Determinato A 5.000 B 0.000 C 12.500 D 34,500 E None of the above 6. Determine the Current ratio 4.50 B 1.61 2.32 D 6.50 E None of the above. Input your answer to Question 1. Input A, B, C, D, or E. DO NOT enter amounts. Input your answer to Question 2. Input A, B, C, D, or E. DO NOT enter amounts. Input your answer to Question 3. Input A, B, C, D, or E. DO NOT enter amounts. Input your answer to Question 4. Input A, B, C, D, or E. DO NOT enter amounts. Input your answer to Question 5. Input A, B, C, D, or E. DO NOT enter amounts. Input your answer to Question 6. Input A, B, C, D, or E. DO NOT enter amounts. will save this response