Question: Just started accounting need a little help. please show work A company has the following transactions during January 20X1: Issues 100,000 in common stock Purchases
A company has the following transactions during January 20X1: Issues 100,000 in common stock Purchases supplies for future use costing 500 Took out a note for 25,000 Buys inventory costing 15,700 Sells all of its inventory purchased for 23,400 Pay dividends of 2,100 if this is the companies first year of operations, what is the total equity balance as reported on the balance sheet for January 31, 20x12
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