IV. Use the following adjusted trial balance for the year ended December 31, 2020 to answer questions 34 to 40 BORDEAUX COMPANY ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 CREDIT DEBIT $9,800 9,200 1,000 24,000 300,000 100,000 65,000 Cash Accounts Receivable Supplies Land Office Building Accumulated Depreciation - Office Building Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Interest Payable Salaries Payable Notes Payable (due in monthly installments of $500) Unearned Revenue (due within six months) Betty Bordeaux, Capital Betty Bordeaux, Withdrawals Service Revenue Salary Expense Office Supplies Expense Depreciation Expense-Office Building Depreciation Expense - Office Equipment Interest Expense Miscellaneous Expense Totals 33,000 3.200 800 2.400 16,000 40,000 151,600 32,000 298,000 183,400 1,600 7,500 6,500 3,200 1,800 $645,000 $645,000 RFQT 34. ACCIO EXAM RIA The amount of net income or net loss for the year was: $62,000 d. $298.000 b. $94,000 $645,000 $276,000 35 Betty Bordeaux, Capital at December 31, 2020 was: $449,600 d. $151,600 b. $417,600 $119,600 C $213,600 36. Total current assets at December 31, 2020 were: $645,000 d. $44,000 b. $409,000 e. $20,000 c $276,000 37. Total Property, plant and Equipment at December 31, 2020 were: a. $645,000 d. $256,000 b. $389,000 $232,000 c $365,000 38 Total current liabilities at December 31, 2020 were: a. $6,900 $46,900 b. $12,400 $52.400 C $46,400 39 40 Total long-term liabilities at December 31, 2020 were: a $55,500 d$15.500 $50,000 e. $10,000 516,000 The third line of the heading on the balance sheet would be: a. December 31, 2020 b. For the Year Ended December 31, 2020 C. Betty Bordeaux, Capital d. Cash, 59,800 e. Supplies, $1,000