(Note- Retained Earnings is correct as of this date.) Dunder Mifflin Company account balances at December 31, 2021:   Revenue   $650,000   Cash   $60,000 Accounts Receivable 160,000 Selling Expenses 440,000 Equipment 220,000 Unearned Revenue 125,000 Accounts Payable 75,000 Interest Revenue 30,000 Salaries & Wages Expense 210,000 Advertising Expense 51,000 Inventory 170,000 Prepaid Insurance 20,000 Salaries Payable 50,000 Income Taxes Expense 180,000 Notes Payable 160,000 Retained Earnings 12/31/21 150,000 Accumulated Depreciation (Equip) 40,000 Depreciation Expense 2,000 Wages Expense    10,000  Common Stock 30,000                                                                                                                Prepare a Balance Sheet for December 31, 2021

The following information relates to Gold Company for the year 2021. Pre-paid Insurance $44,000    Rent expense  $11,500                                         Supplies expense      $2,500 Unearned Revenue $31,000 Dividends during 2021  $ 5,700 Revenue $117,000    Accounts Payable $43,000 Utilities expense $13,500 Advertising expense $51,000 Depreciation expense $14,000 Inventory  $100,000 Accounts Receivable $6,730     Prepare an Income Statement for December 31, 2021.                

On January 1, 2021, a company reported assets of $1,000,000 and liabilities of $600,000. During 2021, assets decreased by $100,000 and equity decreased $200,000. What is the amount of liabilities at December 31, 2021?  

Which one of the following items appears on a balance sheet?

Vraag 14: KLEURE (colours)          Kies (choose) die korrekte (correct) spelling vir die kleur gegee. [3]

TOTAAL AFDELING B: 7 PUNTE

3.1 Wie (who) is die man in die strokiesprent? (1)

3.5 Dink jy hy het die regte vloeistof by gegooi? (1)

3.7 In watter vak (subject) doen mens eksperimente (experiments)? (1)

Vraag 12: VOEGWOORDE (conjunctions)       Heg (join) die volgende sinne deur die voegwoord in hakkies (brackets) te gebruik [2]