What is total current liabilities on this company's balance sheet?

What is the correct order for the current liabilities section of the balance sheet?

a)	Accounts payable, Income tax payable, Bank loan payable

b)	Accounts payable, payments to suppliers, deferred revenue, income tax payable

c)	Accounts payable, Deferred revenue, Income tax payable

d)	Accounts payable, Income tax payable, Payments to suppliers

e)	Accounts payable, Income tax payable

f)	Bank loan payable, Income tax payable, Accounts payable, Deferred revenue

What is total liabilities on this company's balance sheet?

Question 60 options:

What is total equity on this company's balance sheet?

What is the correct order for the equity section of the balance sheet?

a)	Retained earnings, Profit, Dividends, Owners capital

b)	Owners' capital, Retained earnings, Profit, Dividends

c)	Owners' Capital, Retained earnings

d)	Owners' capital, Retained earnings, Profit

e)	Retained earnings, Profit, Owners' capital

f)	Retained earnings, Owners' capital

What is the correct title for this company's statement of cash flows?

a)	Statement of Cash Flows, Orange Ltd., Year ended December 31, 2021

b)	December 31, 2021, Statement of Cash Flows, Orange Ltd.

c)	Orange Ltd., December 31, 2021, Statement of Cash Flows

d)	Orange Ltd., Statement of Cash Flows, December 31, 2021

e)	Orange Ltd., Statement of Cash Flows, Year ended December 31, 2021

Question 63 options:

What is total cash flow from investing activities on this company's statement of cash flows?

If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682

If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as -10485

What is total cash flow from operating activities on this company's statement of cash flows?

If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682

If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as -10485

Question 65 options:

What is total cash flow from financing activities on this company's statement of cash flows?

If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682

If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as -10485

Question 66 options:

What is the net change in cash on this company's statement of cash flows?

If the amount is an INFLOW enter the amount with a '+' sign. For example, inflow of $12,682 enter as +12682

If the amount is an OUTFLOW enter the amount with a '-' sign. For example, outflow of $10,485 enter as -10485

What is the correct order for the sections of this company's statement of cash flows?

a)	Financing, Investing, Operating, Change in cash

b)	Change in cash, Investing, Operating, Financing

c)	Investing, Operating, Financing, Change in cash

d)	Investing, Operating, Financing

e)	Operating, Investing, Financing, Change in cash

Orange Ltd. had the following account balances at December 31, 2021: Account Name Amount Repair expense $1,375 Advertising expense 8001 Prepaid expenses 1,2001 Dividends 3,675 Purchase of intangibles 900 Cash (end of year) 52,250 Deferred revenue 1,375 Owner's capital 24,000 Accounts payable 18,625 Prepaid insurance 1,800 Collections from customers 45,650 Insurance expense 2,300 Contributions by owners 15,000 Accounts receivable 22,075 Cash (beginning of year) 6,775 Retained earnings (beginning of year) 3,700 Interest expense 750 Business licence 601 Payment of dividends 3,675 Website design 840 Service revenue 17,450 Cash received from debt 25,000 Income tax expense 2,600 Supplies 1,125 Supplies expense 350 Payments to suppliers 35,600 Bank loan payable, due in 2025 25,000 Website expense 6501 Income tax payable 1,700 Using the above information create the following: income statement, statement of retained earnings, balance sheet and the statement of cash flows. Then use the information to answer the following questions