which of the following is an example of a chemical change?

45. The following information is for Los Lobos Company: Los Lobos Company Balance Sheet December 31, 2018 Cash $ 25,000 Accounts Payable $ 60,000 Prepaid Insurance 30,000 Salaries and Wages Payable 15,000 Accounts Receivable 50,000 Mortgage Payable 85.000 Inventory 70,000 Total Liabilities 160.000 Land Held for investment 85.000 Land 120,000 Buildings $100,000 Common Stock $120.000 Less Accumulated Retained Eaminas 250.000 370.000 Depreciation (20.000) 80.000 Trademark 70.000 Total Liabilities and Total Assets $530.000 Stockholders' Equity $530.000 The total dollar amount of assets to be classified as property, plant, and equipment is a $80.000 b. $200.000 C. $270.000 d. S285.000 46. The income statement for the year 2018 of Williams Co. contains the following information: CRE NON Expenses: Salaries and Wages Expense $45.000 Rent Expense 12.000 Advertising Expense 8,000 Supplies Expense 5,000 Utilities Expense 1.500 Insurance Expense 3.000 Total expenses 74.500 Net income (loss) $10.500 After all closing entries have been posted, the revenue account will have a balance of a. SO. b. $85.000 credit c. $85.000 debit d. $10.500 crede 7. A post-closing trial balance is prepared a. after closing entries have been joumalized and posted. b. after closing entries have been joumalized but before the entries are posted c he fare closing entries have been inumalized and poster