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6 02.00.03 Consider the following transactions for Mittel Corporation a. Issue common stock for $16,000 b. Purchase equipment for $11,600 cash. c Pay employees salaries

6 02.00.03 Consider the following transactions for Mittel Corporation a. Issue common stock for $16,000 b. Purchase equipment for $11,600 cash. c Pay employees salaries of $3.400 d. Provide services to customers for $6,800 cash 1 Post these transactions to the cash T-account. Assume the balance of cash before these transactions is $4,300. Beg Bal Cash 2 Calculate the ending balance of the cash accountimage text in transcribed

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