Business, 20.09.2019 00:20 mustafakhalil02

The following are the transactions of spotlighter, inc., for the month of january a. borrowed $3,940 from a local bank on a note due in six months. b. received $4,630 cash from investors and issued common stock to them. c. purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d. paid $300 cash for supplies. e. bought and received $700 of supplies on account. prepare a classified balance sheet for spotlighter inc., as of january 31.

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The following are the transactions of spotlighter, inc., for the month of january a. borrowed $3,940...

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