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ABAC Farms had the following amounts to open their business: Cash $100,000; Tractor $200,000; Land $1,000,000; Notes Payable on Tractor $50,000; Mortgages Payable on Land

ABAC Farms had the following amounts to open their business: Cash $100,000; Tractor $200,000; Land $1,000,000; Notes Payable on Tractor $50,000; Mortgages Payable on Land $350,000. To balance the entry, what must Capital be? O $1,700,000 O $650,000 $900,000 Cannot be determined from the information provided
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ABAC Farms had the following amounts to open their business: Cash $100,000; Tractor $200,000; Land $1,000,000; Notes Payable on Tractor $50,000; Mortgages Payable on Land $350,000. To balance the entry, what must Capital be? $1,700,000 $650,000 $900,000 Cannot be determined from the information provided

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