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1-In March 30, 2018, Houston Company has sets of $110,000 and Liabilities of $50,000. What are the owner's equity for Houston Company of March 30, 2018? ACLOE. = 110.00...50.000 ...OE A+ OE = 60.000 2-During the year 2017, Alamoudi Company earned revenues of $70,000, had expenses of $30,000 Net income for the year is: -=.7.0.000.- 50. = 40.000 3-A credit sale of $800 is made on April 25, terms 2/10, n/30, on which a return of $50 is granted on April 28. What amount is received as payment on May 2? 4-The Iman Company reported the following balances at March 31, 2018: Sales $10,800. Sales Returns and Allowances 400. Sales Discounts 200. Net sales for the month is(=): 5-If the amount of supplies at the beginning is 3000 and at the end of the accounting period the inventory count reveals that 900 are on hand. What is the amount of expired(used) amount of supplies? 6-Assume that Alshare Company uses a periodic inventory system and has these account balances: Purchases $450,000; Purchase Returns and Allowances $11,000; Purchase Discounts $8,000. Determine net purchases 3