01. At 31 October 20X6 Roger's trial balance included the following balances:
Machinery at cost 12890
Accumulated depreciation 8,950
Trade receivables 11,745
Trade payables 7,830
Bank overdraft 1,675
Cash at bank 150
What is the value of Roger's current assets at 31 October 20X6?
A $17 ,649
B $17, 499
02. The following information relates to Eva Co's sales tax for the month of March 20X3:
Sales (including sales tax) 109,250
Purchases (net of sales tax) 64 ,000
Sales tax is charged at a flat rate of 15%. Eva Co's sales tax account showed an opening credit balance of $4,540 at the beginning of the month and a closing debit balance of $2,720 at the end of the month. What was the total sales tax paid to regulatory authorities during the month of March 20X3?
A $6 ,470.00