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Account Name Amount Repair expense $1,375 Advertising expense 800 Prepaid expenses 1,200 Dividends 3,675 Purchase of intangibles 900 Cash (end of year) 52,250 Deferred revenue

Account Name Amount
Repair expense $1,375
Advertising expense 800
Prepaid expenses 1,200
Dividends 3,675
Purchase of intangibles 900
Cash (end of year) 52,250
Deferred revenue 1,375
Owner's capital 24,000
Accounts payable 18,625
Prepaid insurance 1,800
Collections from customers 45,650
Insurance expense 2,300
Contributions by owners 15,000
Accounts receivable 22,075
Cash (beginning of year) 6,775
Retained earnings (beginning of year) 3,700
Interest expense 750
Business licence 60
Payment of dividends 3,675
Website design 840
Service revenue 17,450
Cash received from debt 25,000
Income tax expense 2,600
Supplies 1,125
Supplies expense 350
Payments to suppliers 35,600
Bank loan payable, due in 2025 25,000
Website expense 650
Income tax payable 1,700

What is the correct order for the current liabilities section of the balance sheet?

Question 55 options:

a)

Accounts payable, Income tax payable, Bank loan payable

b)

Accounts payable, payments to suppliers, deferred revenue, income tax payable

c)

Accounts payable, Deferred revenue, Income tax payable

d)

Accounts payable, Income tax payable, Payments to suppliers

e)

Accounts payable, Income tax payable

f)

Bank loan payable, Income tax payable, Accounts payable, Deferred revenue

What is the correct order for the equity section of the balance sheet?

a)

Retained earnings, Profit, Dividends, Owners capital

b)

Owners' capital, Retained earnings, Profit, Dividends

c)

Owners' Capital, Retained earnings

d)

Owners' capital, Retained earnings, Profit

e)

Retained earnings, Profit, Owners' capital

f)

Retained earnings, Owners' capital

What is the correct title for this company's statement of cash flows?

a)

Statement of Cash Flows, Orange Ltd., Year ended December 31, 2021

b)

December 31, 2021, Statement of Cash Flows, Orange Ltd.

c)

Orange Ltd., December 31, 2021, Statement of Cash Flows

d)

Orange Ltd., Statement of Cash Flows, December 31, 2021

e)

Orange Ltd., Statement of Cash Flows, Year ended December 31, 2021

what is the correct order for the sections of this company's statement of cash flows?

a)

Financing, Investing, Operating, Change in cash

b)

Change in cash, Investing, Operating, Financing

c)

Investing, Operating, Financing, Change in cash

d)

Investing, Operating, Financing

e)

Operating, Investing, Financing, Change in cash

please answer in 5 min no explanation needed

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