If total equity decreased by R.0.10,000, then to balance the accounting equation: Select one: a. Liabilities must have decreased by R.O. 10,000 b. Assets must have decreased by R0.10.000. c Equity must have decreased by R.0.10,000. O d. Assets must have increased by R.O.10,000 A factory machine was purchased for RO 90,000 on lanuary 2011 It was estimated that it would have a RO cop residual value at the end of its 5-year useful life. It was also estimated that the machine would be run 40,000 hours in the 5 years. The company ran the machine for 4,000 actual hours in 2011 If the company uses the units of activity method of depreciation the amount of depreciation expense for 2011 would be Select one a R 0 18.000 Ob R07.200 CRO.14.400 d. RO 9,000 Equipment was purchased for R.0.75,000. Freight charges amounted to RO 3.500 and there was a cost of R0.10,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a R0.10,000 residual value at the end of its 5-year useful life Depreciation expense each year using the straight-line method will be Select one a R.0.16.700 b.RO.14.700 OcR0.15.200 d. RO 17.700 d If Accounts receivable decrease by R.O 50,000 Income reported on the income statement for the year was R0.1.500,000 Excluding of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is 50 Select one a R.0.1,450,000 Ob R0.1.550.000 O CR0.1,500,000 Od R0.1.850,000 Mazaya Company acquires land for R0.96,000 cash Additional costs are as follows: Removal of shed RO 400, Filling and grading 1530: Salvage value of lumber of shed 120 Broker commission 1530, Paving of parking lot 10,000, Closing costs 650. Mazaya will record the acquisition cost of the land as 0 Select one a R0.98,090 Ob R0.96,000 OCRO 99.990 d.R.O.99.770 N Mazaya Company began operations on June 2, 2011. During June, Mazaya sold ordinary shares for R.0.458,000, earned revenue of R0.808,000, incurred expenses of R.0.412,000, and paid dividends of R0.30,000. Retained earnings at June 30, 2011 Select one: a.R.O.496.000 Ob R0.824,000 O CR0.366.000 Od R0.384.000