if you cannot do all of them just leave them for someelse

thanks

1. Which of the following equations represents the balance sheet? a. Assets+Borrowings Shareholders' Equity b. Assets Borrowings Shareholders' Equity c. Assets- Borrowings-Shareholders' Equity d. Assets- Borrowings+Shareholders' Equity 2. Remington provided the following information about its balance sheet: Cash Accounts receivable Stockholders' equity Accounts payable Bank loans Based on the information provided, how much are Remington's liabilities? a. $200. b. $900. c. $1,200. d. $1,700. 100 500 700 200 1,000 3. What is the result of recording the initial investment by shareholders? a. An equal increase in both assets and shareholders' equity b. An increase in assets and a decrease in shareholders' equity c. An equal increase in both assets and liabilities. d. A decrease in assets and an increase in liabilities. 4. What is the result of recording Loan repayment? a. An increase in both cash and liabilities b. An increase in both cash and shareholders' equity c. A decrease in both cash and shareholders' equity d. A decrease in both cash and liabilities 5. A revenue: a. Is a decrease in shareholders' equity b. Is a decrease or an increase in shareholders' equity c. Has no impact on shareholders' equity. d. Is an increase in shareholders' equity 6. Which of the following statements is false? a. If you increase an asset account, you could increase a liability account b. If you decrease an asset account, you could increase a shareholders' equity account c, if you increase an asset account, you could decrease an asset account. d. If you decrease an asset account, you could decrease a sharcholders' equity account 7. Which financial statement is used to show what the firm owns? a. Income statement b. Balance sheet c. Statement of retained earnings d. Cash flow statement 8. Gerald had beginning total stockholders' equity of $160,000. During the year, total assets increased by $240,000 and total liabilities increased by $120,000, Gerald's net income was $180,000. No additional investments were made; however, dividends did occur during the year. How much were the dividends? a. 520,000. b. $60,000. c. $140,000. d. $220,000. 9. A business has the following items in its accounts at its year end 31 December 2001 Opening stock at 1 January 2001 Closing stock at 31 December 2001 Purchases for 2001 Purchase returns in 2001 Which is the correct figure for cost of goods sold in 2001? (a) E85 000. 10 90 (b) E83 000. (c) 95 000. (d) 93 000 10. The following figures relate to the rent and rates payable expense for a business in 2001. 000 Rent paid in advance at 1 January 2001 Rates in arrears at 1 January 2001 Payments in 2001 Rates paid in advance at 31 December 2001 Rent in arrears at 31 December 2001 Which is the correct figure for rent and rates expense in the profit and loss account for the year ended 31 December 2001? (a) 34 000. (b) E35 000. (c) 36 000. (d) 40 000. 35