ANSWER THE QUESTIONS MANUALLY ON A SEPARATE SHEET OF PAPER. EMAIL YOUR ANSWERS AND YOUR CALCULATION IF ANY. 28) The balances of select accounts of ABC Company as of December 31, 2018 are given below: Credit Building Cash Office Supplies Furniture Prepaid Insurance Accumulated Depreciation -- Furniture Land Accumulated Depreciation - Building Accounts Receivable Debit $140,000 9000 1200 6000 550 $4000 31.000 4000 2200 Determine the amount of total current assets reported on the balance sheet at December 31, 2018 A) $17,200 B) $10,750 C) $10.200 D) $12,950 29) The balances of select accounts of Sasha Company as of December 31, 2018 are given below. Credit Building Cash Office Supplies Furniture Prepaid Insurance Accumulated Depreciation -- Furniture Land Accumulated Depreciation --Building Accounts Receivable Debit $130.000 9000 800 6000 450 53000 30.000 4300 3000 What amount of total long-term assets would be shown on the balance sheet at December 31, 2018? A) $166.000 B) $160,000 C) $158.700 D) $130,000 31) The beginning balance in the Bright, Capital account of a company was $10.000. The revenues and expenses were $240,000 and $120.000, respectively. During the year, Bright made withdrawals of $7.000. There were no new capital contributions during the year. The ending balance in Sanchez, Capital was 31) Prestige Company earned revenues of $12,000 and incurred expenses of $9500. The owner, Easley, withdrew $3000. What is the balance in the Income Summary account after closing net income or loss to the Easley, Capital account? A) debit balance of $12.000 B) credit balance of $2500 C) credit balance of $9500 D) balance of so 32) ABC Company earned revenues of $100.000 and incurred expenses of $107.000. The owner's name of the sole proprictorship is Hector Hernandez. Prepare the entry to close the Income Summary account. Omit explanation 28) The balances of select accounts of ABC Company as of December 31, 2018 are given below: Debit Credit $140,000 Building 9000 Cash Office Supplies 1200 6000 Furniture 550 Prepaid Insurance $4000 Accumulated DepreciationFurniture Land 31,000 Accumulated Depreciation-Building 4000 Accounts Receivable 2200 Determine the amount of total current assets reported on the balance sheet at December 31, 2018. 28) A) $17,200 B) $10,750 C) $10,200 D) $12,950 I 29) The balances of select accounts of Sasha Company as of December 31, 2018 are given below. Debit Credit Building $130,000 Cash 9000 Office Supplies 800 Furniture 6000 Prepaid Insurance 450 Accumulated Depreciation-Furniture $3000 Land 30,000 Accumulated Depreciation Building 4300 Accounts Receivable 3000 29) What amount of total long-term assets would be shown on the balance sheet at December 31, 2018? A) $166,000 B) $160,000 C) $158,700 D) $130,000