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MyCC Library English (en) Based upon the Adjusted Trial Balance at December 31, 2020 provided, match the correct response to each question. ACCOUNT TITLES ADJUSTED

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MyCC Library English (en) Based upon the Adjusted Trial Balance at December 31, 2020 provided, match the correct response to each question. ACCOUNT TITLES ADJUSTED TRIAL BALANCE DEBIT CREDIT on $1,201.00 10,000.00 1,569.00 800.00 900.00 2,000.00 40,000.00 $16,000.00 50,000.00 Royal Bank account Temporary investment Accounts receivable Shop supplies Prepaid insurance Note receivable **** Vehicle Accumulated depreciation, vehicle Land Accounts payable Bank loan payable ** Unearned auto repair fees ++ Capital - Rusty Ladd *** Withdrawals - Rusty Ladd Auto repair fees earned Depreciation expense, vehicle Entertainment expense Insurance expense Interest expense Office supplies expense Shop supplies expense Rent expense ot e to search 10,870.00 50,000.00 3,600.00 41,000.00 14,000.00 92,190.00 8,000.00 1,780.00 2,400.00 800.00 4,200.00 4,100.00 12.000.00 Q Interest expense Office supplies expense Shop supplies expense Rent expense Telephone expense Utilities expense Wages expense 800.00 4,200.00 4,100.00 12,000.00 2.410.00 5,500.00 52,000.00 $213,660.00 $213,660.00 * The bank loan calls for annual loan payments of $10,000 each year on August 1. *** The owner, Rusty Ladd, invested $42,000 of cash during the year. + + The uneared auto repair fees will be earned by June 30, 2021. **** The note receivable will be received in 2022 What is the closing balance of capital for Rusty Ladd at December $26,000 31, 20202 What is the total amount of current liabilities at December 31, 2020? Choose. What is the net income or loss for the year ended December 31, 20207 Choose.. What was the value of the Rusty, capital account at the start of the Choose year Will the note receivable be Type here to search Choose... What is the total amount of current liabilities at December 31, 2020? What is the net income or loss for the year ended December 31, 2020? What was the value of the Rusty, capital account at the start of the Choose... . year. Choose... Will the note receivable be classified as a current or long-term asset Choose Choose What is the amount of the Total Assets at December 31, 2020? What is the net book value of the capital assets at December 31, 2020? Choose

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