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Solve the following statements please Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which she operates

Solve the following statements please

Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which she operates as a proprietorship. The name of the new entity is Angela Peters, Attorney. Peters experienced the following events during the organizing phase of the new business and its first month of operation. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business.

Mar 1 Sold personal investment in eBay stock, which she had owned for several years, receiving $31,000 cash.

2 Deposited the $31,000 cash from sales of the eBay stock in her personal bank account

3 Received $139,000 cash from former law partners

5 Deposited $89,000 cash in new business bank account titled Angela Peters, Attorney. The business gave capital to Peters.

7 Paid $400 cash for ink cartridges for the printers

9 Purchased computer for the law office, agreeing to pay the amount $9,300, within three months.

23 Finished court hearings on behalf of client and submitted a bill for legal services, $13,500, on account.

30 Paid utilities, $1,200

31 Peter withdrew cash of $2,000.

Analyze the effects of the preceding events on the accounting equation of the proprietorship of Angela Peters, Attorney.

At March 31, compute the business

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Question 24 2 pts Which of the following is/are true statement(s): The 5th Amendment protects against self-incriminatingcivil proceedings. O For fake imprisonment, an individual can be detained for as little as a few minutes, O Vicarious liability imposes liability for acts of 3rd parties AND for false imprisonment, an individual can be detained for as little as a few minutes. O Vicarious liability imposes liability for acts of 3rd parties.Question 6 1 pts Rob owns Solar Panels Corporation, He uses Solarl's funds to pay his personal expenses, creates Thermal Power Inc. to engage in the same business as Solar, transfers Solar's assets to Thermal, and petitions Solar into bankruptcy. This most likely warrants O a bonus to Rob for financial maneuvers. O a discharge for Solar in bankruptcy. O a pierce of the corporate veil. O a review of Thermal's articles of incorporation.QUESTION 3 A valid contract can be discharged by the parties. Discuss how a contract can be discharged in contract law.2. Preparation of final accounts is governed by different Acts, Laws, Standards and Principles like Income tax law, Company Act, Partnership Act, Accounting Standards (AS), Generally Accepted Accounting Principles (GAAP) etc., used for valuation of financial transactions/events to standardize accounting information, which in turn depends upon type of organization concerned. The final accounts are prepared based on the nature of operations of these types of businesses. Differentiate between the following types of final accounts; a. Trial Balance and the Balance sheet b. Manufacturing Account and Trading Account c. Trading Account and Profit and Loss Account d. Income statement and Balance Sheet

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