Business, 01.03.2021 21:50 kiki197701

Linda Keller opened a consulting firm, Keller Consulting P. C. During its first month of operations, the following transactions were completed: I. Linda invested $30,000 in the business, which in turn issued common stock to her
II. The business purchased equipment on account for $65.000
III. The business provided consulting services on account, $13.000
IV. The business paid cash salaries to the receptionist, $2.000
V. The business received cash from a customer as payment on account 56.000
VI. The business borrowed $11.000 from the bank, issuing a note payable At the end of the month total liabilities are:
A. $76,000
B. $78,000
C. $11,000
D. $65.000

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Linda Keller opened a consulting firm, Keller Consulting P. C. During its first month of operations,...

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