This Test: 100 pls possible CASE 1: John Davidson started her practice as a registered interior designer on February 3 of the current year. During the first month of operations, the business completed the following into -Feb 3 Davidson contributed $85000 cash and office furniture with a formarket value of $ 5000 from her personal bank account to a business accounted John Duriantis Feb 7 Purchased supplies on account 5710 Feb 11 Performed services for a hospital S1600, received 5600 immediately in cash and submitted a bill for the rest of the amount, 51000 Feb 15 Pald secretary's salary, 5550 -Feb 20 Received partial collection from client on account 5600 (sued on Feb 11) Feb 22 Davidson purchased a computer for himself at a cost of $2.000, paid cash from personal funds. Feb23 The Business received 5 1500 for Interior services to be performed next month -Feb 25 Borrowed $10000 from the bank for business une 1) Refer to case 1 After all of the transactions How much is the Debit or Credit balance in the tlal balance? write your result into the answer box below) Answer 2) Rafor to caso 1 Altor all of the transactions, how much is the Total Assets? ne your result in to the answer box below) Answer D Referlo case 1After all of the transactions, How much is the AP balance in the trial balance? w your rooltanto the box below) Answer 4) Refer to case 1After all of the transactions How much is the cash balance at the end of the period? svo vorul to the newer box below) Click to select your answeris) Activate Time Remaining 5) Refer to case 1After all of the transactions, How much is the Revenue balance? (write your result in to the answer box below) Answer 6)Refer to case 1After all of the transactions, How much is the Net Income? (write your result in to the answer box below) Answer 7)Refer to case 1After all of the transactions, How much is the Total Liabilities? fwrite your result in to the answer box below) Answer 8) Refer to case 1 Which of the following is journal entry for Feb 20? A. Cash 600 A/R 600 8) Refer to case 1 Which of the following is journal entry for Feb 20? O A. Cash 600 AIR 600 O B. Revenue 600 Cash 600 OC. none of them O D. A/R 600 Cash 600 600 O E. Cash Revenue 600 9) Refer to case 1 Which of the following is journal entry for Feb 22? O A. Eqipment 2000 Cash 2000 O B. Expenses 2000 Cash 2000 OC. No effect OD. none of them O E. Cash 2000 Revenue 2000