Cash Debit $5,200$

Accounts Receivable Debit $27,200$

Office Supplies Debit $1,000$

Prepaid insuranceDebit $2,400$

EquipmentDebit $52400$

Accumulated Depreciation $-$Equipment CREDIT $34600$

Accounts Payable CREDIT $16000$

Unearned Revenue CREDIT $7900$

Bmcc$,$ Capital CREDIT $18500$

Bmcc$,$ Withdrawals DEBIT $3100$

Service Revenue CREDIT $17200$

Wages Expenses DEBIT $1600$

Utilities Expense DEBIT $1300$

Adjustments entries on December $31,2024$

A$)$ Depreciation on equipment $$2,100.$

B$)$ Accrued wages expenses, $$1,300.$

C$)$ Office supplies on hand, $$600.$

D$)$ Prepaid Insurance expired during December $$700.$ E$)$ Unearned revenue earned during December, $$4,800.$ F$)$ Accrued service revenue, $$1,300.$

Answer the following questions after you posted the above transactions.

$1)$What isthe balance on cash?

A$)$ $ $5,200.$

B$)$ $$4,200.$

C$)$ $$4,300.$

D$)$ $$4,600.$

$2)$What isthe balance on account receivable?

A$)$ $ $29,300$

B$)$ $ $28,500.$

C$)$$ $25,600.$

D$)23,700.$

$3)$What isthe balance on accounts payable?

A$)$$ $15,100.$

B$)$ $ $15,000.$

C$)$ $ $16,000.$

D$)$ $ $14,500.$

$4)$ What is office supplies expense?

A$)$$ $400.$

B$)$ $ $500.$

C$)$$ $600.$

D$)$ $ $550.$

$5\}$What iswages expense $?$

A$\}$$ $2,700.$

B$)$$ $2,800.$

C$)$$ $2,900.$

D$)$ $ $3,600.$

$6)$What iswages liability?

A$)$$ $1,700.$

B$)$$ $1,100.$

C$)$$ $1,200.$

D$)$$ $1,399.$

$7)$ What is the total revenue?

A$)$$ $25,000.$

B$)$$ $23,300.$

C$)$$ $20,200.$

D$)$$ $22,550.$

$8\}$ What is unearned balance $?$

A$)$ $$3,100.$

B$)$$ $4,200.$

C$)$$ $3,600.$

D$)$$ $3,200.$

$9)$ What is balance of Prepaid Insurance?

A$\}$S$ $1,900.$

B$)$$ $1,800.$

C$)$$ $1,600.$

D$)$$ $1,700.$

$10)$ What isthe balance on the capital account after the books are close?

A$)$ $ $28,000.$

B$)$ $ $31,300.$

C$)$ $$13,300.$

D$)$ $ $45,000.$

$11)$What balance should the withdrawn account have after the closing entries have been posted?

A$)$O

B$\}15,000.$

C$\})34,000.$

D$)$ $$17,600.$

$12)$ What is the net book value of the equipment?

A$)$ $$15,700.$

B$)$ $$16,700.$

C$)$ $$17,700.$

D$)$ $$17,600.$

$13)$ What is the total expenses for $12/31/24?$

A$)$ $$7,200.$

B$)$ $ $8,500.$

$)$$$1,500.$

D$)$ $$7,400.$

$14)$ What isthe Net income for $12/31/24?$

A$)$ $$15,700.$

B$)$ $$16,100.$

$)$$$17,700.$

D$)$ $$15,900.$

$15)$ What balance should the temporary accounts have once the books are closed?

A$)$O

B$)$ $$16,700.$

C$)$ $$17,700.$

D$\}$ $$17,600.$