Business, 18.02.2022 14:00 heidibode

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 $64,000. 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 $6,000. VI. The business borrowed $9,000 from the bank, issuing a note payable. At the end of the month, total liabilities are: A) $9,000. B) $64,000. C) $73,000. D) $77,000.

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

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