act - Word vamshi aaron VA F 0 Mailings Review View Help Tell me what you...

Transcribed Image Text:

act - Word vamshi aaron VA F 0 Mailings Review View Help Tell me what you want to do T AaBbCcDd AaBbCcDd AaB AaBb AaBbCcD, AaB AaBbCcDd AaBbCcDd Find ab Replace E 1 Normal 1 No Spac... Heading 1 Title Heading 2 Heading 3 Subtitle Subtle Em... Add-ins Select Paragraph ly Styles Editing Add-ins File Home Insert Draw Design Layout References Cut proxima-nova-soft -13.5 ' ' Aa Copy Paste BIUabe x, x A ab A Format Painter Clipboard Font Page 1 of 14 2328 words Q English (India) Accessibility: Good to go Type here to search I The following transactions occurred during March, the first month of operations for Quality Galleries, Incorporated: Capital stock was issued in exchange for $356,000 cash. Purchased $172,000 of equipment by making a $56,000 cash down payment and signing a note payable for the balance. Made a $33,000 cash payment on the note payable from the purchase of equipment. Sold a piece of equipment for cash of $14,000. The equipment was sold at cost, so there is no gain or loss on the sale. What is the balance in the Note Payable account at the end of March? Multiple Choice $149,000 $83,000 $116,000 $33,000 It's easy to share. W 31F Partly sunny DO 100% 4) ENG 11:30 16-02-2024 6 act - Word vamshi aaron VA F 0 Mailings Review View Help Tell me what you want to do T AaBbCcDd AaBbCcDd AaB AaBb AaBbCcD, AaB AaBbCcDd AaBbCcDd Find ab Replace E 1 Normal 1 No Spac... Heading 1 Title Heading 2 Heading 3 Subtitle Subtle Em... Add-ins Select Paragraph ly Styles Editing Add-ins File Home Insert Draw Design Layout References Cut proxima-nova-soft -13.5 ' ' Aa Copy Paste BIUabe x, x A ab A Format Painter Clipboard Font Page 1 of 14 2328 words Q English (India) Accessibility: Good to go Type here to search I The following transactions occurred during March, the first month of operations for Quality Galleries, Incorporated: Capital stock was issued in exchange for $356,000 cash. Purchased $172,000 of equipment by making a $56,000 cash down payment and signing a note payable for the balance. Made a $33,000 cash payment on the note payable from the purchase of equipment. Sold a piece of equipment for cash of $14,000. The equipment was sold at cost, so there is no gain or loss on the sale. What is the balance in the Note Payable account at the end of March? Multiple Choice $149,000 $83,000 $116,000 $33,000 It's easy to share. W 31F Partly sunny DO 100% 4) ENG 11:30 16-02-2024 6