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Question 5: The following account balances were taken from the financial statements of Indirect Cable Inc. as of December 31, 2020. Accounts Payable $ 25.000 Notes Payable due in 2025 Accounts Receivable 42,000 Prepaid Insurance Accumulated Depreciation - Equipment 6.000 Rent Revenue Advertising Expense 3,400 Retained Earnings. 1/1/20 o Cash 15.500 Salaries & Wages Expense 51 Common Stock 44,000 Service Revenue 2 Dividends 2,300 Supplies 63 Equipment 15,500 Uneamed Revenue 64 Land 52.000 Utilities Expense 65 56 Calculate the below totals/amounts based on the above account balances $12.800 3.900 5,700 40.600 34,900 49.100 12,000 5.500 7,200 Question 5: The following account balances were taken from the financial statements of Indirect Cable Inc. as of December 31, 2020. Accounts Payable $ 25.000 Notes Payable due in 2025 Accounts Receivable 42,000 Prepaid Insurance Accumulated Depreciation - Equipment 6.000 Rent Revenue Advertising Expense 3,400 Retained Earnings. 1/1/20 o Cash 15.500 Salaries & Wages Expense 51 Common Stock 44,000 Service Revenue 2 Dividends 2,300 Supplies 63 Equipment 15,500 Uneamed Revenue 64 Land 52.000 Utilities Expense 65 56 Calculate the below totals/amounts based on the above account balances $12.800 3.900 5,700 40.600 34,900 49.100 12,000 5.500 7,200

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