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help CASE 1: John Davidson started her practice as a registered intenor designer on February 3 of the current year. During the first month of
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CASE 1: John Davidson started her practice as a registered intenor 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 S 5500 from her personal bank account to a business account titled John Davidson Dietician Feb 7 Purchased supplies on account, 5750 -Feb 11 Performed services for a hospital 52100 received 5000 immediately in cash and submitted a bill for the rest of the amount 51200 -Feb 15 Paid secretary's salary, 5800 -Feb 20 Received partial collection from client on account 5000 (issued on Feb 11) -Feb 22 Davidson purchased a computer for himself at a cost of $2,000 paid cash from personal funds - Feb The Business received $ 1500 for interior services to be performed next month -Feb 25 Borrowed $14000 from the bank for business use 1) Refer to case 1 After all of the transactions. How much is the Debitor Credit balance in the trial balance? write your result in to the answer box below! 2) Refette case 1 After all of the transactions, how much is the Total Assets? write your result in to the answer box below) Answer 3) Retar to case 1After all of the transactions, How much is the AP balance in the trial balance? write your result in to the answer box below) Answer: L + Refer to case 1A er all of the transactions. How much is the cash balance at the end of the period? write your into the answer box below) Anne 5) Refer to case 1After all of the transactions. How much is the Revenue balance? ee your rent into the answer box below) Answer D Refer to case 1er all of the transactions, How much is the Net Income? Det your return to the answer box below) Reler to case 1ter all of the transactions, How much is the Total Liabilities? fente your other box belowStep by Step Solution
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