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Business, 30.05.2020 19:58 Kalamazoo373

The following are independent situations a A company orders and receives 12 personal computers for office use for which it signs a note promising to pay $21600 within three months A company purchases $cash a new delivery truck that has a list (sticker price of $29.500 C A women's clothing retailer orders 22 new display stands for $220 each for future delivery d Anew company is formed and issues 1300 shares for $21 per share to investors e A company purchases a piece of land for 42000 cash An appraiser for the buyer valued the land at \$44700 The owner of a local company buys a 17,000 car for personal use Answer from the company s point of view g A company borrows \$1,650 1 from a local bank and signs a six-month note for the loan A company pays $1240 owed on its note payable interest Required: 1. Indicate of the appropriate accounts any affected in each of the preceding events Consider what the company gives and receives

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