Business, 06.04.2021 02:20 binava

eBookReferencesCheck my workCheck My Work button is now disabledItem 15 Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: Andrea invested $13,500 cash in the business in exchange for common stock. Andrea contributed $20,000 of photography equipment to the business in exchange for common stock. The company paid $2,100 cash for office furniture. The company received $5,700 cash for services provided during January. The company purchased $6,200 of office equipment on credit. The company provided $2,750 of services to customers on account. The company paid cash of $1,500 for monthly rent. The company paid $3,100 on the office equipment purchased in transaction #5 above. Paid $275 cash for January utilities. Based on this information, the amount reported as total stockholders’ equity on the balance sheet at month-end would be:

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eBookReferencesCheck my workCheck My Work button is now disabledItem 15 Andrea Apple opened Apple Ph...

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