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Question 11 1 pts On May 1 Padilla Inc. reported owners equity of $136,000. During the month, Padilla generated revenues of $20,000 and incurred expenses

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Question 11 1 pts On May 1 Padilla Inc. reported owners equity of $136,000. During the month, Padilla generated revenues of $20,000 and incurred expenses of $12,000, purchased equipment worth $5,000, and withdrew cash of $2,000. What is the amount in owner's equity on May 31? O $136,000 O $8,000 O $137,000 o $142,000 DQuestion 12 1 pts A list of all the accounts maintained by a company and their associated account numbers Question 5 1 pts Carol Industries purchased supplies for $1,000. They paid $500 in cash and agreed to pay the balance in 30 days. The journal entry to record this transaction would include a debit to an asset account of $1,000 and a credit to a liability account for $500. Which of the following would be the correct way to complete the recording of the transaction? O Credit cash for $500 O Credit accounts payable for $500 O Credit Carol, Capital for $500 O Debit Carol Capital for $500 Question 6 1 pts

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