is prepared Date (4) Total the Debit and Credit columns of the trial balance What is the proper order of these steps? a. (3), (2), (4), (1) b. (2), (3), (4), (1) c. (3), (2). (1).(4) d. (4), (3), (2). (1) 52. For accounting purposes, the a te from its owners of the entity is purposes, the business entity should h a. a corporation b. a proprietorship c. a partnership d. All of these choices 3. Naren Meyer owns and operates Crystal Cleanina Con Recently. Meer withdrew $10.000 from Crystal Cleaning, and she contributed $6.000 in her name to the American Red Cross The contribution of the S6,000 should be recorded on the accounting records of which of the following entities? a. Crystal Cleaning and the American Red Cross b. Karen Meyer's personal records and the American Red Cross c. Karen Meyer's personal records and Crystal Cleaning d. Karen Meyer's personal records, Crystal Cleaning, and the American Red Cross 54. Which of the following accounts would appear in the Balance Sheet columns of the end-of-period spreadsheet? a. Consulting Revenue b. Prepaid Insurance c. Rent Expense d. Fees Earned ift Efti 55. An end-of-period spreadsheet includes columns for a. adjusting entries b. closing entries e. reversing entries d. adjusting and closing entries zou 56. Expenses follow the same debit and credit rules as a. revenues b. the drawing account c. the capital account d. liabilities ses 57. An entity that is organized according to state or federal statutes and in which ownership is divided into shares of sto is a a. proprietorship b. corporation omi