Question 17 5 Points Examine Sarah's sales ledger summary below. Calculate the closing sales ledger balance (te Balance C/fwd). ca Balance B/fwd. 4,200 Invoices Issued 2,850 Returns Inwards 50 Bank Receipts 4,280 Discounts. Balance Allowed c/fwd. 20 ? Sarah 2,650 E2,600 2,750 2,700 Question 15 5 Points The opening balance on the fixed assets (NBV) account was 26,000. During the following period of account, a fixed asset costing 4,800 was acquired and an old fixed asset with an NBV of 1,600 was disposed. The closing balance on the fwed assets NBV account is 26,400. Depreciation for the year, therefore, was: 2,800 B 3,000 3,800 2,500 Question 14 5 Points A fixed asset with an original cost of 48,000 and accumulated depreciation of 42,500 was sold. The disposal proceeds (cash) produced an accounting loss of 1,500. The disposal proceeds, therefore, were: 4,000 7,000 5,500 1,500