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50 4 pts Anthony Apple started A2 Consulting, a new business, and completed the following transactions during its first year of operations. Anthony invested $66,000

50 4 pts Anthony Apple started A2 Consulting, a new business, and completed the following transactions during its first year of operations. Anthony invested $66,000 cash and office equipment valued at $39,000 in the company in exchange for its common stock. The company purchased a $315,000 building to use as an office. A2 Consulting paid $48,000 in cash and signed a note payable promising to pay the $267,000 balance over the next 10 years. The company purchased office equipment for $5,800 cash. The company purchased $3,600 of office supplies and $1,300 of office equipment on credit. The company paid a local newspaper $950 cash for printing an announcement of the office's opening. After A2 Consulting recorded the above five transactions, the cash account has a balance of? $12.200 $11.250 $7.300 $18.000 $8.600image text in transcribed

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