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Lori Nichols Started an Engineering Firm,Engineering Enterprises P

Question 168

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Lori Nichols started an engineering firm,Engineering Enterprises P.C.During its first month of operations,the following transactions were completed: I.Lori invested $33,000 in the business,which in turn issued common stock to her.
Lori Nichols started an engineering firm,Engineering Enterprises P.C.During its first month of operations,the following transactions were completed: I.Lori invested $33,000 in the business,which in turn issued common stock to her. V.The business received cash from a customer as payment on account $7,000. At the end of the month,cash equals: A) $33,000. B) $38,000. C) $45,000. D) $71,000. V.The business received cash from a customer as payment on account $7,000.
Lori Nichols started an engineering firm,Engineering Enterprises P.C.During its first month of operations,the following transactions were completed: I.Lori invested $33,000 in the business,which in turn issued common stock to her. V.The business received cash from a customer as payment on account $7,000. At the end of the month,cash equals: A) $33,000. B) $38,000. C) $45,000. D) $71,000. At the end of the month,cash equals:


A) $33,000.
B) $38,000.
C) $45,000.
D) $71,000.

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