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Tim Tobbs Internet Service is a sole trader and listed the following accounts and balances as at 30th June Account $Account Machinery 29 000Bank loan

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Tim Tobbs Internet Service is a sole trader and listed the following accounts and balances as at 30th June Account $Account Machinery 29 000Bank loan (5 years) 13 500 Accumulated depreciation (machinery) 3 700 Cash 13 560 Supplies 3 520Accounts payable 13 240 Land 150 000 Unearned service revenue 8 400 Accounts receivable 14 200 Prepaid Insurance 1 770 Mortgage (10 years) 56 000 For each question below use the above information (It will be necessary for you to prepare the appropriate statement first to choose the correct solutions) 1. What is the total value of Current Assets?: Choose.. 2. What is the total value of Non Current Assets?: Choose... oil 15'C Clear LG FS FB F9 F10 Fil F12 Pitsa V * % 5 & 7 00 9 77 M correct solutions) 1. What is the total value of Current Assets?: Choose .. 2. What is the total value of Non Current Assets?: Choose.... 3. What is the total value of Current Liabilities?: Choose... 4. What is the total value of Non Current Liabilities?: Choose 5. The Net Assets would equal Choose.. 6. What would be the value of the owner's Capital account? Choose... 7. Which of the following is the definition of Leveraging? Choose.. 8. Calculate the value of Leveraging: Choose... 9. What is the definition of Liquidity? Choose... 10. Calculate the value Liquidity Choose 599 ob 15C Clear CL LG F5 F6 F7 re F10 Fil F $ + 4 % 5 & 7 8 on

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