There is a misc. expense of 400 dollars that was cut off in the picture. Then, I need to know the following questions.

What are total assets?

Total cash?

Amount by which Rob's equity increased.

Total profit/loss?

Total Expenses?

Wage Expense?

How much does GGE owe its creditors?

Mastery Problem! introduction to A M. The Accounting Equation Transactions Cost Concept Financial Statements GGE Enterprises Shaded cells have feedback On December 1 of the current year, Rob Elliot invested $35,500 of his cash to form a proprietorship, GGE Enterprises. After all transactions have been entered into the accounting equation, the following are the ending balances for selected items on December 31. On that date, the financial statements were prepared. The statement of owner's equity for GGE Enterprises reported Rob Elliot's owner's equlty as of December 31 at $38,955. The balance sheet reported total liabilities and owner's equity of $54.400 Rob Elliot, Drawing Accounts Payable ? Fees Earned Rob Elliot Capital ? Utilities Expense Cash Land Rent Expense Supplies $8,350 Wages Expense ? Supplies Expense $1.220.00 ? $15,500 $5,750.00 $27,250.00 $6,450.00 $4,625.00