A-tyt 7 Grip ACE Acumen Academy! Question 1 (10 marks) Complete Liabilities Capital S (a) 1,800 (b) 4,900 (c) 12.500 (d) 16,450 (c) 6,300 19,200 Question 2 (10 marks) Which of the items in the following list are liabilities and which of them are assets? (a) Bank Balance (debit) (b) Bank Balance (credit) (c) Warehouse we own (d) We owe a vendor for goods (c) Furniture and Equipment Question 3 (10 marks) B. Wise is planning to start up a new business in North York. Before he started trading, he bought a van for $4,500, a market stall for $2,000 and inventory for $1,500. He did not pay in full for his inventory and still owes $1,000 in respect of them. He borrowed $5,000 from C Fox. After the events just described, and before trading starts, he still has $1,100 cash at Royal Bank of Canada You are required to fill in the following blanks (a) Assets (b) Liabilities (c) Capital DAG Group B1_Test_011 the gaps in the following table: Assets 12,500 28,000 16,800 19,600 2- Question 4 Complet