Collection of a $ 1200 Accounts Receivable O increases an asset $ 1200; decreases a liability $ 1200. O decreases a liability $ 1200; increases owner's equity $ 1200. O decreases an asset $1200; decreases a liability $ 1200. O increases an asset $ 1200; decreases an asset $1200. At October 1. Waterway Company reported owner's equity of $ 70700 During October, no additional investments were made and the company earned net income of $ 17300. If owner's equity at October 31 totals $79000, what amount of owner drawings were made during the month? O $ 9000 $ 26300 O $8300 O $0 Sunland Company began the year with owner's equity of $31000. During the year, Sunland received additional owner investments of $41800, recorded expenses of $128000, and had owner drawings $8000. 16 Sunland's ending owner's equity was $110000, what was the company's revenue for the year? O $215000 $173200 O $207000. O $167867. Martha Crane Ito began the Crane Company by investing 575000 of cash in the business. The company recorded revenues of $555000, expenses of $410000, and had owner drawings of $30000. What was Crane's net income for the year? O $115000 O $145000 O $190000 O $175000. Oriole Company began the year with owner's equity of $ 106000. During the year, Oriole received additional owner investments of $ 146700, recorded expenses of $ 411000, and had owner drawings of $ 29100. If Oriole's ending owner's equity was $ 290600, what was the company's revenue for the year? O $448900. O $ 595600. O $624700 O $ 478000 At October 1, 2020, Marigold Co. had an accounts payable balance of $ 40500. During the month, the company made purchases on account of $ 32600 and made payments on account of $ 48000. At October 31, 2020, the accounts payable balance is O $ 25100. O $ 121100. O $ 40100. O $ 55900. At January 31, 2020, the balance in Bramble Inc's supplies account was $ 680. During February, Bramble purchased supplies of $ 960 and used supplies of $ 1120. At the end of February, the balance in the supplies account should be O $ 520 debit. O $ 640 debit. O $ 520 credit O $840 debit