CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first month of operations, the business completed the following transactions: Feb 3 Davidson contributed $81000 cash and office furniture with a fair market value of $ 6000 from her personal bank account to a business account titled John Davidson, Dietician. Feb 7 Purchased supplies on account: $730, Feb 11 Performed services for a hospital $2100; received $700 immediately in cash and submitted a bill for the rest of the amount, $1400 Feb 15 Paid secretary's salary, 5900 Feb 20 Received partial collection from client on account $600 (issued on Feb 11) Feb 22 Davidson purchased a computer for himself at a cost of $2,000, paid cash from personal funds. Feb23 The Business received $ 1000 for interior services to be performed next month Feb 25 Borrowed $15000 from the bank for business use 1) Refer to case 1 After all of the transactions, How much is the Debit or Credit balance in the trial balance? (write your result in to the answer box below) Answer: 2) Refer to case 1 After all of the transactions, how much is the Total Assets? (write your result in to the answer box below) Answers 3) Refer to case 1After all of the transactions, How much is the A/P balance in the trial balance? (write your result in to the answer box below) Answer: 4) Refer to case 1After all of the transactions, How much is the cash balance at the end of the period? (write your result in to the answer box below) Answer: 5) Refer to case 1After all of the transactions, How much is the Revenue balance? (write your result in to the answer box below) Answer: 6)Refer to case 1After all of the transactions, How much is the Net Income? (write your result in to the answer box below)