the Fat Blossom's Service Shop started the year with total assets of $327000 and total liabilities of $235000. During the year. business recorded $642000 in revenues, $437000 in expenses, and paid dividends of $60700. The net income reported by Fat Blossom's Service Shop for the year was $205000. $265700 O $235000 $144300 An accountant has debited an asset account for $1450 and credited a liability account for $540. Which of the following would be an incorrect way to complete the recording of the transaction? Credit an asset account for $910. O Debit a Stockholders' account for $910. O Credit another liability account for $910. O Credit a Stockholders' account for $910. At December 1, 2021. Waterway Company's accounts receivable balance was $1750. During December, Waterway had credit revenues on account of $7290 and collected accounts receivable of $6030. At December 31, 2021, the accounts receivable balance is $3010 debit O $490 debit $490 credit O $3010 credit