Multiple Choice
Lori Nichols opened an engineering office and titled the business Engineering Enterprises P.C.During its first month of operations,it completed the following transactions: I.Lori invested $30,000 in the business,which in turn issued common stock to her. V.The business borrowed $8,000 from the bank,issuing a note payable.
At the end of the month,Cash would equal:
A) $30,000.
B) $37,000.
C) $43,000.
D) $61,000.
Correct Answer:

Verified
Correct Answer:
Verified
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