QUESTION 28 Not yet answered Marked out of 1.00 The following information is for SQU Company: Trademark 70,000, Share Capital 120,000, Land 90,000; Retained Earnings 250,000, Building 100,000, Accumulated Depreciation 20,000; Land held for investment 75,000; Accounts Payable 60,000; Prepaid Insurance 30,000; Loan Payable 10,000; Inventory 70.000; Mortgage Payable 90,000; Accounts Receivable 50,000; Cash 65,000 The total dollar amount of liabilities to be classified as non-current liabilities is P Flag question Select one: O a R0.60,000 b.R.O.100,000 o c.R.0.70,000 d. R.0.160,000 QUESTION 29 An adjusting entry Not yet answered Marked out of 1.00 P Flag question Select one O a. Affects two statement of financial position accounts. b. Affects two income statement accounts. cAffects a statement of financial position account and an income statement account. d. Is always a compound entry