Question 32: What is the value of the equity account(s) for Average Guy Designs? Average Guy Designs, Chapter 4 Balance Sheet As of December 31, 2023 Dec 31, 23 ASSETS Current Assets Checking/Savings 10,680.33 Accounts Receivable 2,880.00 Total Current Assets 13,560.33 TOTAL ASSETS 13,560.33 LIABILITIES & EQUITY Liabilities 318.07 Question 36: What is the net income for Average Guy Designs in December 2023? Average Guy Designs, Chapter 3 Profit & Loss December 2023 Dec 23 Income 42700. Photography Income 200.00 43200. Design Income 4,345.00 48800 Print Layout Income 520.00 Total Income 5,065.00 Gross Profit 5,065.00 Expense 61500. Job Materials 195.50 64900 Office Supplies 352.00 67100 - Rent Expense 750.00 68600. Utilities 68620. Water 525.37 Total 68600. Utilities 525.37 Total Expense 1,822.87 Question 3: Which of these is an asset account? Answer: A. Checking 3. Accounts Payable C. Sales . . Credit Card