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Business, 05.02.2021 22:00 weirdojuwin

A company's January 1, 2019 balance sheet reported total assets of $152,000 and total liabilities of $61,000. During January 2019, the company completed the following transactions: (A) paid a note payable using $11,000 cash (no interest was paid); (B) collected a $10,000 accounts receivable; (C) paid a $5,200 accounts payable; and (D) purchased a truck for $5,200 cash and by signing a $21,000 note payable from a bank. The company's January 31, 2019 balance sheet would report which of the following? a. Assets Liabilities Stockholder's Equity
$150,000 $60,000 $90,000

b. Assets Liabilities Stockholder's Equity
$155,000 $65,000 $90,000

c. Assets Liabilities Stockholder's Equity
$160,000 $75,000 $85,000

d. Assets Liabilities Stockholder's Equity
$170,000 $100,000 $70,000

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A company's January 1, 2019 balance sheet reported total assets of $152,000 and total liabilities of...

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