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please solve all CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first

image text in transcribedplease solve all

CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first month of operations, the business completed the following trans Feb 3 Davidson contributed $80000 cash and office furniture with a fair market value of $ 6500 from her personal bank account to a business account titled John Davidson, Dietician. Feb 7 Purchased supplies on account: $750 Feb 11 Performed services for a hospital $2200, received $900 immediately in cash and submitted a bill for the rest of the amount, $1300 Feb 15 Paid secretary's salary, $800 Feb 20 Received partial collection from client on account $600 (issued on Feb 11) Feb 22 Davidson purchased a computer for himself at a cost of $2,000, paid cash from personal funds. Feb23 The Business received $ 1000 for interior services to be performed next month Feb 25 Borrowed $13000 from the bank for business use 1) Refer to case 1 After all of the transactions, How much is the Debit or Credit balance in the trial balance? (write your result in to the answer box below) Answer: 2) Refer to case 1 After all of the transactions, how much is the Total Assets? (write your result in to the answer box below) Answer=0 3) Refer to case 1After all of the transactions, How much is the A/P balance in the trial balance? (write your result in to the answer box below) Answer: 0 4) Refer to case 1After all of the transactions, How much is the cash balance at the end of the period? (write your result in to the answer box below)

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