QUESTION 13 Brown, Inc. had the following balances as of August 31, 2017: Liabilities Stockholders' Equity $346,238 $2,973,429 What are the assets of Brown as of August 31, 2017? O a. 50 Ob. $3,319,667 Oc. $2.627,191 Od. Cannot be determined with this information QUESTION 14 RST borrowed $25,000 from the bank. Which of the following accurately shows the effects of the transaction? Oa. Increase cash $25,000 and decrease notes payable $25,000 O b. Increase cash $25,000 and increase notes payable $25,000 Oc. Decrease cash $25,000 and decrease notes payable $25,000 Od. Decrease cash $25,000 and increase notes payable $25,000 QUESTION 15 Anderson, Inc. receives $5,000 cash for fees earned. What is the effect of this transaction? Oa. Total assets will increase and total stockholders' equity increases Ob. Stockholders' equity will remain unchanged and only assets will increase Oc Both assets and stockholders' equity will decrease Od. Liabilities will decrease and assets will increase