Tri-county Medical Assoclates has a subricription ta a prominent medical journat. The 1 yecar 3ubscription costs $240, and the ofnce paid for a full subscription on danuary 1. How will the office's accounting equation be impacted after one quarter (3 monthis)? incerane assecs br \$20, deorave asseti by $20 increase ansent by 560 ; horeaie cwner' nowity br $80 decrene assett by $20 decrease owsers' eq-ity by $20 decreare assett by 560 , docrease owners' equily to $60 Question 10 1 pts Leeloo Dallas, owner of The Fifth Element Boarding House, purchased a house in New York in the 1970 . Real estate values in the area have increased drasticalfy over the last several years, and as such, the house is now worth 5550,000 . It is still reported on her books at 5100,000 . This is an example of which of the following accounting principles? materiafity rolevanae hibitericar eost conistency Question 11 1pts Since its opening in 2015. Doston Business Printing has utilized the units of production depreciation method for all of its printing equipment. They have no pians to change depreciation methods for the upcoming fiscal year since the business will be operated in the exact same manner. This is an ekalmble of which of the following accounting principles? Which of the followine accounts dojes not belong in the equity section of the balarce sheet? contributed capilal dividendu parabio cammon stock Notained camings Question 14 1 pts For the year 2018, Booker's Coffeehouse had revenues of $800,000. Gross profit was $350,000 and other expenses were $100,000. Please enter the amount of cost of goods sold. Round your answer to the nearest whole dollir. Question 15 1 pts For the year 2018, Carmax had operating income of $400.000. ft also had the following expenses: What would Carmax's gross profit be for 2018 ? $310.000 $490.000 5535,000 $510,000