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need help answering 1-5. ULO U INISI The following is a random list showing the account balances of various assets, abilities, revenue and expenses for
need help answering 1-5. ULO U INISI The following is a random list showing the account balances of various assets, abilities, revenue and expenses for Tanya's Tanning at December 31 2019 the end of its first year of operations Accounts receivable Accounts payable Salary expense Repairs expense Truck Equipment Unearned revenue Cash Supplies expense Service revenue Gasoline expense Salary payable $7.100 2.500 4.400 700 8.300 6.700 3.000 8,800 1.600 15,800 1,800 2,100 Tanya contributed cash to the business of $14,000 and she withdrew $4,300 during the year. 1) The net income for the year was: a) b) c) d) e) $12,800 $18,800 $5,500 $7,300 $8,500 2) Total assets at December 31, 2019, were: a) b) c) d) e) $21,300 $24,300 $30,900 $28,400 $22,200 3) The Statement of Owner's Equity would show an ending balance of: a) b) c) d) e) $21,800 $18,800 $17,000 $8,500 $26,500 4) Total liabilities at December 31, 2019, were: a) b) c) d) e) $6,600 $5,500 $13,300 $7,600 $13,800 5) Total expenses for the year were: a) b) $6.200 $5,500 $8,500 $9,800 $7,300 e)
need help answering 1-5.
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