Presented is information related to DFD Co. for its first month of operations. Determine the balances in the accounts payable subsidiary ledger. What is the Accounts Payable balance in the general ledger at the end of January? Credit purchases Jan 3rd Gada Co. 15000 Cash paid Jan 5rd Gada Co. 8000 10th Maitha Co.7,000 15th Maitha Co. 4,000 Select one: O 3000 O zero O 10,000 O 7000 Next page reporting of cash; cash is listed first in the current assets section of Select one: True O False Next page Previous page on 5 Rami Mhd recorded the following transactions in a general journal during the month of March. red Dr cr d out of Mar. 4 Dr. Cash 10,000 Cr. Service Revenue lon 110,000 2500 Mar. 15 Dr. Salaries and Wages Expense Cr. cash 2500 425 Mar. 19 Dr. Utilities Expense Cr. Cash 1425 The cash balance will be shown after Posting these entries to the Cash account Owner's Capital has a beginning total of $60,000 and an ending total of $110,000. If the owner withdrew $20,000 during the period for personal use, net income must have been Select one: $80,000 O $70,000 O $170,000 O $50,000 If liabilities increased by $20,000 and owner's equily increased by $8,000 during a period of time, then total assets must change by what amount and direction during that same period? Select one: O $12,000 increase. O $28,000 decrease. O $28,000 increase. O $20,000 increase. Robert is invesling in a partnership with Bud. Robert contributes equipment that originally cost $63.000, has a book value of $30,000, and a fair market value of $39.000. The entry that the partnership makes to record Robert's initial contribution includes Select one: O Debit to Equipment for $33,000. O Debit to Equipment for $63,000. O Debit to Equipment for $39,000. O Credit to Accumulated Depreciation for $33,000. Susan is investing in a partnership with Andy. As part of Susan's initial contribution, she contributes Accounts Receivable of $60,000; an Allowance for Doubtful Accounts of $4,000; and $10,000 cash. The entry that the partnership makes to record Susan's initial contribution includes a Select one: O Credit to Susan, Capital for $66,000. O Debit to Accounts Receivable for $56,000. O Debit to Allowance for Doubtful Accounts for $4,000. O Credit to Susan, Capital for $70,000. As of April 30, 2017, Marcus Tools has assets of $90,000, and liabilities of $62,000. How much is the owner's equity for Marcus Tools as of April 30, 2017 of Select one: O $152,000 O $28,000. 0 $90,000 O $62,000