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01:14:22 The account balances for ABC company as of May 31, 2020 are listed below in alphabetical order. Accounts payable $17,000 Equipment $18.000 Accounts Receivable

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01:14:22 The account balances for ABC company as of May 31, 2020 are listed below in alphabetical order. Accounts payable $17,000 Equipment $18.000 Accounts Receivable $14,000 Land $52,000 . Building $42.000, Notes payable $30,000 , cash $13,000 . Share capital $92,000. On June 3. ABC company collected $12,000 of its accounts receivable and paid $7.000 of its accounts payable. Refer to the above data. On June 4, the balance in the Cash account is: Question 1/25 1. $18,000 2. O $32,000. 3. OS 6.000 4. Some other amount. Question 2 / 25 EN

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