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Zunish Inc. had the following account balances at December 31, 2021:

Account Name	Amount
Collections from customers	$64,935
Cash received from debt	16,000
Maintenance expense	2,755
Accounts payable	23,515
Rent expense	4,800
Purchase of intangibles	1,160
Deferred revenue	1,650
Office supplies	2,135
Payment of dividends	5,000
Contributions by owners	7,000
Cash (beginning of year)	33,500
Income tax payable	2,250
Office supplies expense	1,240
Retained earnings (beginning of year)	18,375
Prepaid expenses	2,400
Utilities expense	875
Website expense	750
Prepaid rent	1,500
Website design	1,100
Interest expense	1,200
Owner's capital	19,000
Accounts receivable	32,645
Cash (end of year)	56,350
Service revenue	39,370
Bank loan payable, due in 2025	16,000
Income tax expense	7,350
Business licence	60
Payments to suppliers	58,925
Dividends	5,000

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.

What is the correct order for the current assets section of this company's balance sheet?

Question 43 options:

	a) Cash (beginning of year), Accounts receivable, Prepaid expenses, Prepaid rent, Office Supplies
	b) Cash (beginning of year), Accounts receivable, Prepaid rent, Office Supplies
	c) Cash (end of year), Accounts receivable, Prepaid rent, OfficeSupplies, Website design, Business licence
	d) Cash (end of year), Accounts receivable, Prepaid expenses, Prepaid rent, Office Supplies
	e) Cash (end of year), Accounts receivable, Prepaid rent, Office Supplies

Question 44 (1 point)

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

Question 44 options:

	a) Website design, Business licence, Prepaid rent, Prepaid expenses
	b) Prepaid rent, Prepaid expenses, Office Supplies
	c) Business licence, Office Supplies, Website design
	d) Website design, Prepaid rent, Prepaid expenses
	e) Website design, Business licence
	f) Business licence, Prepaid expenses, Website design Question 48 (1 point) What is the correct order for the current liabilities section of the balance sheet? Question 48 options: a) Accounts payable, Income tax payable, Bank loan payable b) Accounts payable, payments to suppliers, deferred revenue, income tax payable c) Accounts payable, Income tax payable, Payments to suppliers d) Accounts payable, Deferred revenue, Income tax payable e) Accounts payable, Income tax payable f) Bank loan payable, Income tax payable, Accounts payable, Deferred revenue

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